May 18 News – On May 18, Shifang Aoxin Chemical Co., Ltd. set its ex-factory price for industrial grade potassium nitrate at 5,000 yuan/ton, an increase of 100 yuan/ton compared to the previous quotation date. Chempricehub's analysis of potassium nitrate gave a bullish-bearish rating of 1. In the spot market, as of May 18, the ex-factory price of industrial grade potassium nitrate from Shifang Aoxin Chemical Co., Ltd. was 5,000 yuan/ton, up 100 yuan/ton from the previous quotation day. The price adjustment by the company provides positive support for the spot price of potassium nitrate, which is considered a generally favorable factor.