February 9th News
On February 9th, Tianfeng Chemical (Shanxi) Group Co., Ltd. reported an ex-factory price of 4,250 RMB/ton for agricultural-grade potassium nitrate, with an annual production capacity of 100,000 tons. This represents an increase of 50 RMB/ton compared to the previous quoted price.
Chempricehub Analysis of Potassium Nitrate, Bull-Bear Score:
On December 9th, Tianfeng Chemical's ex-factory price for agricultural-grade potassium nitrate rose by 50 RMB/ton to 4,250 RMB/ton, an increase of approximately 1.18%. This indicates tight market supply or increased demand, providing direct support for spot prices and signaling favorable market conditions. The score is +1.0 (moderately positive), as the price increase is significant but not yet at a major level. Continued monitoring of supply and demand dynamics is recommended.