Price Trend Chart of Nitric Acid Market
Nitric acid price curve
(Photo Source: Business Association Commodity Analysis System)
The average price of nitric acid in eastern China was 1 600 yuan/ton at the beginning of this week and 1 716 yuan/ton at the end of this week, up by 7.29%, according to the monitoring of business associations.
II. Market Analysis
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Products: This week, the price of nitric acid rose. The price of mainstream manufacturers in Jiangsu Province was 1 650 yuan/ton, and the price dimension increased slightly by 50 yuan/ton. Anhui Audley quoted 1650 yuan/ton, up 70 yuan/ton; Anhui Jinhe quoted 1800 yuan/ton; Shandong Helitai factory quoted 1700 yuan/ton, the price rose 100 yuan/ton. Some factories parked, nitric acid shipment improved, nitric acid quotation increased.
Industry chain: liquid ammonia, the upstream raw material of nitric acid, the quotation is temporarily stable. Downstream products, September 12, Shandong Aniline price at 6500 yuan / ton, Aniline stable price shipment.
3. Future Market Forecast
Affected by environmental protection inspection, some factories parked and nitric acid shipments improved compared with the earlier period. Nitric acid analysts of business associations believe that the nitric acid market will be mainly strong.
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