Price Watch™ provides price assessments for Potassium Nitrate across top trading regions:
Asia-Pacific
- Purity: 99.4% Potassium Nitrate FOB Qingdao, China
- Purity: 99.4% Potassium Nitrate CFR Nhava Sheva (China), India
- Purity: 99.4% Potassium Nitrate CFR Kelang (China), Malaysia
Middle East
- Purity: 99.4% Potassium Nitrate CFR Jebel Ali (China), United Arab Emirates
Note: In assessments structured as CFR [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Potassium Nitrate Price Trend Q4 2025
In Q4 2025, the Potassium Nitrate market grew marginally by 1% over the prior quarter due to strengthening agricultural demand and improved purchasing activity. Increased agricultural consumption in advance of planting seasons, particularly for high-value crops that use nitrate fertiliser, supported incremental demand growth and improved market confidence. Consistent with these trends, producers of the product saw their operations running slightly more tightly as they responded to increased consumption by optimising their operating rates.
During Q4 2025, potassium chloride and nitric acid as feedstock showed minor firmness, providing modest cost support, as well as influencing the direction of pricing. Whereas overall supply continued to be sufficient, improved consumption kept excess inventories in check and allowed a better balance between production and consumption. Overall, the combination of seasonal agricultural demand, stable but controlled production and firm feedstock conditions experienced in Q4 2025 supported the modest positive price movement during this time period.
China: Potassium Nitrate Export prices Qingdao, China; Grade- Purity: 99.4% Potassium Nitrate
The price trend of Potassium Nitrate in China has risen slightly during Q4 2025, up 1% compared to previous periods due to increased numbers of farmers purchasing fertilizers. Higher demand for winter crop nutrients and greater numbers of growers utilizing specialty fertilizers in high value horticultural crops both contributed to this demand. Distributor offtakes have been stable throughout the quarter as fertilizer distributors continued to sell both standard fertigation products and specialty grade blends.
Producers have been operating under balanced conditions with limited export offers providing price stability. A slight to mild positive trend has been seen in feedstock prices for potassium chloride and nitric acid which provided moderate support for Potassium Nitrate price increases. Prices of Potassium Nitrate in China during December 2025 ended strong with a 6% increase from November due to higher agricultural restocking due to harvest and higher manufacturing costs for feedstock used to manufacture Potassium Nitrate.
India: Potassium Nitrate Imported prices Nhava Sheva, India; Grade- Purity: 99.4% Potassium Nitrate
The Potassium Nitrate price trend in India through Q4 2025 reflected a moderate softening, with prices declining 2% quarter-on-quarter as distributors and growers adopted cautious procurement strategies amid comfortable inventory levels. Fertigation and specialty crop consumption remained steady but lacked sufficient momentum to fully absorb available supply. Production facilities operated at stable-to-moderated rates, while competitive export offers further influenced domestic pricing. Feedstock potassium chloride and nitric acid costs held largely stable, keeping producer margins under measured pressure. In December 2025, Potassium Nitrate prices in India firmed by 5%, supported by year-end agricultural restocking and gradually firming feedstock costs, closing the quarter on a balanced note.
Malaysia: Potassium Nitrate Imported prices Nhava Sheva, India from China; Grade- Purity: 99.4% Potassium Nitrate
The Potassium Nitrate price trend in Malaysia through Q4 2025 reflected a firm upward movement, with prices rising 6% quarter-on-quarter as agricultural demand strengthened notably across plantation crops, fruits, and vegetable cultivation. Fertigation systems and specialty fertilizer blend consumption improved as growers advanced seasonal nutrient programmes. Tighter import arrivals alongside improved offtake reduced excess inventories, lending additional support to pricing. Feedstock potassium chloride and nitric acid markets showed firmness, reinforcing the bullish cost environment. In December 2025, Potassium Nitrate prices in Malaysia climbed a further 5%, driven by intensified year-end agricultural restocking and firmer feedstock costs, closing the quarter on a strongly positive note.
United Arab Emirates: Potassium Nitrate Imported prices Jebel Ali, United Arab Emirates from China; Grade- Purity: 99.4% Potassium Nitrate
In the United Arab Emirates (UAE), the Potassium Nitrate price trend in Q4 2025 remained largely stable reflecting no significant change compared to the previous quarter. Greenhouse horticulture, and production of high-value vegetables using fertigation systems have been indicators of steady demand for agricultural products. With a stable inventory, many buyers have been procuring need-based only. Supply remained sufficient due to equalization of imports, distribution within the domestic market, and production within the region with respect to consumption preventing inventory builds. Since no cost pressures existed on feedstocks (potassium chloride and nitric acid), price stability has continued to be supported by these factors. In December 2025, Potassium Nitrate prices in the UAE increased by approximately 5% due to year-end restocking activity and firmer feedstock costs. Overall, the market maintained a balanced and stable tone throughout the quarter.

