I. price trend chart of nitric acid Market
Nitric acid price curve
(photo source: Commodity analysis system of Business Club)
According to the monitoring of the business agency, the average price of nitric acid in East China this week was 1616 yuan / ton, and the offer was temporarily stable.
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II. Market analysis
Products: the price of concentrated nitric acid is stable temporarily, that of Jiangsu Hongze Yinzhu chemical industry is 1500 yuan / ton, the price is stable; that of Anhui Jinhe is 1550 yuan / ton, the price is stable; that of Shandong helitai concentrated nitric acid is 1800 yuan / ton, the price is stable temporarily. The quotation of Wenshui Synthetic Chemical Co., Ltd. is 1750 yuan / ton, which is stable temporarily. The demand of nitric acid market is general, and the quotation of enterprises is mainly cautious.
Industry chain: liquid ammonia, the upstream raw material of nitric acid, rose 3.64% this week according to the monitoring of the business association. Downstream aniline, the market price of aniline in Shandong on Friday was 6500 yuan / ton, and the market price of aniline in Shandong on Friday was 6100 yuan / ton, down 6.15% from last week.
III. future forecast
Nitric acid market demand is light and stable, and enterprises mainly wait and see. Nitric acid analysts of business association predict that the nitric acid market may continue to be weak.
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