April 22nd News - On April 22, the ex-factory price of potassium nitrate from Yufeng Chemical in Shifang City, Sichuan Province, was quoted at 5,000 yuan per ton, an increase of 200 yuan per ton compared to the previous quotation date. The annual production capacity of potassium nitrate is 30,000 tons. Chempricehub analysis of potassium nitrate, long-short score: 2. The ex-factory price of potassium nitrate rose by 200 yuan per ton to 5,000 yuan per ton, a gain of 4.17%, indicating tightening supply and demand in the spot market, possibly due to rising raw material costs or strong downstream demand. This price increase directly benefits spot prices and is expected to further push up market transaction prices in the short term. The rating is a significant positive, as the notable increase, confirmed by direct enterprise quotations, reflects a strong bullish signal.
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