April 24 News – On April 24, Shandong Huayang Dier Chemical Co., Ltd. quoted agricultural-grade potassium nitrate at 4,500 RMB/ton, an increase of 300 RMB/ton compared to the previous quotation, with an annual potassium nitrate production capacity of 50,000 tons. According to a Chempricehub analysis of potassium nitrate with a bullish/bearish rating of 2, the article indicates that Shandong Huayang Dier Chemical Co., Ltd. raised its agricultural-grade potassium nitrate price by 300 RMB/ton to 4,500 RMB/ton, reflecting an increase of approximately 6.7%, suggesting tight market supply or strong demand. This price adjustment directly benefits the spot market, and may be driven by rising raw material costs or the peak agricultural demand season. It is expected that spot prices will maintain an upward trend in the short term.