January 4th News On January 4th, 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 quotation date. The annual production capacity of potassium nitrate is 120,000 tons. Chempricehub Analysis of Potassium Nitrate, Bull-Bear Score: -1 Shanxi Wojin New Materials Co., Ltd. reduced its ex-factory price of potassium nitrate by 300 yuan per ton to 4,600 yuan per ton, a decline of approximately 6.12%. This indicates a potential oversupply or weak demand on the supply side, exerting a generally bearish impact on spot prices. The price drop may reflect industry capacity expansion (such as the annual production capacity of 120,000 tons) or intensified market competition, which could lead to a downward trend in overall market quotations in the short term.