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Chempricehub Important Reminder: Shanxi Wujin Potassium Nitrate Price Drops by 300 Yuan
Published on 2026-01-14
January 14th - On January 14th, Shanxi Wojin New Materials Co., Ltd. quoted the ex-factory price of molten salt potassium nitrate at 4,600 yuan per ton, a decrease of 300 yuan per ton compared to the previous quoted price, with an annual production capacity of 120,000 tons of potassium nitrate. Chempricehub analysis of potassium nitrate, long-short score: -1.5. The article indicates that on January 14th, the ex-factory price of potassium nitrate from Shanxi Wojin New Materials was 4,600 yuan per ton, a decrease of 300 yuan per ton from the previous quoted price, a drop of approximately 6.1%. The company has an annual production capacity of 120,000 tons. This price reduction suggests ample market supply or weak demand, which may put further pressure on spot prices. The score is -1.5 (generally bearish), as the price decline is significant but not to the extent of a major crash, posing pressure on long positions.