On January 4, Zhongpeng (Shandong) Chemical Technology Co., Ltd. quoted the ex-factory price of agricultural-grade potassium nitrate at 4,200 yuan per ton, a decrease of 50 yuan per ton compared to the previous quotation date. The annual production capacity of potassium nitrate is 50,000 tons. PriceSeek analysis of potassium nitrate, with a long-short rating of -1: Zhongpeng (Shandong) Chemical Technology Co., Ltd.'s ex-factory price for agricultural-grade potassium nitrate decreased by 50 yuan per ton to 4,200 yuan per ton, indicating ample market supply or weak demand, exerting downward pressure on spot prices. The company's annual production capacity of 50,000 tons reflects an increase in industry supply capacity, which may intensify market competition and put pressure on spot prices in the short term. This change suggests a relatively loose supply-demand balance at present, and attention should be paid to subsequent inventory changes and downstream agricultural demand to assess the sustainability of its impact.