Potassium Nitrate Price Trend Q1 2025
According to Price-Watchâ„¢, in Q1 2025 the Potassium Nitrate market on an FOB Qingdao basis, recorded a sharper 7% decline from the previous quarter. The downturn was primarily driven by weakened agricultural procurement following the completion of key seasonal applications.
Consumption levels softened as distributors delayed restocking and focused on clearing inventories accumulated in earlier months. On the supply side, production units operated at stable rates, leading to sufficient availability in the domestic and export markets.
Feedstock potassium chloride and nitric acid prices displayed limited volatility, yet stable upstream costs failed to provide meaningful price support amid slower demand. Export inquiries remained cautious, and sellers adopted competitive pricing strategies to maintain volumes.
The overall market reflected an oversupplied environment with moderate production, restrained consumption, and declining buying interest exerting downward pressure on prices.
Potassium Nitrate Price Trend Q2 2025
According to Price-Watchâ„¢, in Q2 2025 the Potassium Nitrate market on an FOB Qingdao basis, registered a 3% decline from the previous quarter. The market faced continued pressure from subdued agricultural demand, as buyers adopted cautious procurement strategies and relied on existing inventories.
Consumption from the agriculture sector, particularly in fertigation and specialty crop applications, remained moderate but insufficient to absorb available supply fully. Production rates were maintained at steady levels; however, adequate inventories and competitive export offers weighed on pricing sentiment.
Feedstock potassium chloride and nitric acid markets remained relatively stable to slightly soft, offering limited cost support to producers and contributing to tighter margins. Overall supply availability remained comfortable, with balanced but slow-moving trading activity shaping a mildly bearish market environment during the quarter.
Potassium Nitrate Price Trend Q3 2025
In Q3 2025, the Potassium Nitrate price trend remained largely stable, with prices recording no significant quarter-on-quarter change. Agricultural demand stayed balanced as procurement was primarily need-based, supported by routine application cycles across horticulture, fruits, and vegetable cultivation.
Consumption from the agriculture sector remained steady, particularly in drip irrigation and fertigation segments, where nitrate-based nutrition is preferred for controlled nutrient delivery.
On the supply side, production levels were maintained at steady operating rates, as manufacturers aligned output closely with seasonal consumption patterns to avoid inventory pressure.
Feedstock dynamics were relatively stable during the quarter, with potassium chloride and nitric acid markets showing limited volatility, thereby preventing sharp cost fluctuations for producers.
Overall supply availability was adequate, and inventories were manageable. The market environment reflected equilibrium conditions, with stable production, consistent agricultural consumption, and balanced feedstock costs supporting a neutral pricing trend throughout the quarter.
China: Potassium Nitrate Export prices Qingdao, China; Grade- Purity: 99.4% Potassium Nitrate
In China, the Ammonium Nitrate price trend in Q3 2025 remained largely stable reflecting no significant change compared to the previous quarter. Demand from the agriculture sector maintained a steady pace as farmers continued routine fertilizer applications for cereal crops and horticulture.
Consumption through field fertilization and fertigation practices remained balanced, supporting consistent offtake from distributors. On the supply side, production facilities operated at stable rates, ensuring adequate availability across domestic agricultural markets.
Supply remained comfortable as manufacturers maintained controlled output levels aligned with seasonal demand patterns to avoid inventory pressure.
Feedstock potassium chloride and nitric acid prices remained relatively stable during the quarter, providing limited cost volatility and helping producers maintain balanced margins.
In September 2025, Potassium Nitrate prices in China remained stable due to balanced supply availability and steady agricultural procurement. Overall market sentiment reflected equilibrium between production, consumption, and feedstock cost conditions.
India: Potassium Nitrate Imported prices Nhava Sheva, India; Grade- Purity: 99.4% Potassium Nitrate
In India, the Ammonium Nitrate price trend in Q3 2025 witnessed a moderate upward trend, reflecting a 2% increase compared to the previous quarter.
Demand from the agriculture sector improved during the quarter as farmers increased fertilizer usage for horticulture crops, fruits, and vegetable cultivation supported by active seasonal nutrient application cycles.
Consumption through fertigation and drip irrigation systems remained steady, supporting regular procurement from distributors and agricultural suppliers.
On the supply side, production units maintained balanced operating rates to ensure sufficient availability across domestic markets while preventing excessive inventory accumulation.
Supply conditions remained comfortable as manufacturers aligned output with stable agricultural consumption trends.
Feedstock potassium chloride and nitric acid prices showed mild firmness during the quarter, providing moderate cost support to producers and contributing to the upward pricing movement.
In September 2025, Potassium Nitrate prices increased by 2% due to improved agricultural restocking activity and slightly firmer feedstock costs. Overall market sentiment remained stable to slightly positive during the quarter.
Malaysia: Potassium Nitrate Imported prices Nhava Sheva, India from China; Grade- Purity: 99.4% Potassium Nitrate
In Malaysia, the Ammonium Nitrate market in Q3 2025 remained largely stable, with prices showing no significant change compared to the previous quarter. Demand from the agriculture sector remained steady as growers continued routine fertilizer applications for fruits, vegetables, and plantation crops.
Consumption through fertigation and drip irrigation systems maintained consistent offtake from agricultural distributors, supporting balanced market activity. On the supply side, production units operated at stable rates, ensuring sufficient availability across domestic agricultural markets.
Import arrivals and regional distribution channels remained steady, preventing supply shortages while maintaining comfortable inventory levels.
Feedstock potassium chloride and nitric acid prices stayed relatively stable during the quarter, offering limited cost pressure and supporting stable pricing conditions. Producers maintained controlled output to align supply with prevailing agricultural consumption trends.
In September 2025, Potassium Nitrate prices remained stable due to balanced supply availability and steady procurement from the agriculture sector. Overall market sentiment remained neutral during the quarter.
United Arab Emirates: Potassium Nitrate Imported prices Jebel Ali, United Arab Emirates from China; Grade- Purity: 99.4% Potassium Nitrate
In United Arab Emirates, the Ammonium Nitrate market in Q3 2025 witnessed a mild upward trend, reflecting a 1% increase compared to the previous quarter. Demand from the agriculture sector improved slightly as growers continued fertilizer applications for greenhouse vegetables, fruits, and horticulture crops.
Consumption through fertigation systems supported consistent procurement from distributors, while seasonal nutrient requirements maintained regular offtake. On the supply side, production remained stable, and import availability ensured adequate supply across regional agricultural markets.
Market participants reported comfortable inventory levels, which helped maintain balanced trading activity during the quarter. Feedstock potassium chloride and nitric acid prices remained relatively firm, providing moderate cost support to producers and contributing to the slight price increase.
Production units maintained controlled operating rates to align supply with steady agricultural consumption patterns. In September 2025, Potassium Nitrate prices increased by around 6% due to stronger restocking demand and firmer feedstock costs. Overall market sentiment remained stable to slightly positive.
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.
