January 5th News On January 5th, Shandong Huayang Deer Chemical Co., Ltd. quoted the price of agricultural-grade potassium nitrate at 4,200 yuan per ton, a decrease of 100 yuan per ton compared to the previous quoted price. The annual production capacity of potassium nitrate is 50,000 tons. Chempricehub Analysis of Potassium Nitrate, Bull-Bear Score: -1 The agricultural-grade potassium nitrate price has dropped by 100 yuan per ton from the previous quoted price to 4,200 yuan per ton, a decrease of approximately 2.38%. This reflects a relatively loose market supply and demand, possibly due to sufficient supply or weakened demand. Shandong Huayang’s annual production capacity of 50,000 tons, with stable output, may intensify the downward pressure on spot prices, constituting a generally bearish impact on the price. Investors should monitor subsequent demand changes to mitigate risks.