January 23rd News On January 23, the ex-factory price of industrial-grade potassium nitrate at the Shifang City Potassium Nitrate Plant in Sichuan Province was reported at 5,200 yuan per ton, a decrease of 100 yuan per ton compared to the previous quoted price. The plant has an annual production capacity of 50,000 tons of potassium nitrate. Chempricehub Analysis on Potassium Nitrate Bull-Bear Score: -1 The decrease of 100 yuan per ton in the ex-factory price of industrial-grade potassium nitrate indicates increased pressure on the supply side or weakened downstream demand, leading to downward risks in the spot market price. This news is bearish for market sentiment and may prompt traders to increase their willingness to sell, exacerbating short-term price correction pressure.