Nitric acid price is under pressure this week (11.19-11.25)

Market price trend chart of nitric acid

Nitric acid price curve

Gamma Polyglutamic Acid

According to the monitoring of business agency, the average price of nitric acid of domestic production price on November 25 was 2616 yuan / ton, and the average price of nitric acid of domestic production price on November 19 was 2766 yuan / ton, down 5.42%.

On November 22, Ningxia Runxia energy and Chemical Co., Ltd. had an annual output of 150000 concentrated acids and 98 concentrated nitric acid, and the ex factory quotation was 2750 yuan / ton, which was the same as the last time; Anhui Jinhe Industrial Co., Ltd., the ex factory quotation of concentrated nitric acid is 2450 yuan / ton, which is 300 yuan / ton lower than the last time. Shaanxi Xinghua Chemical Co., Ltd. has an annual production capacity of 100000 tons of nitric acid. The ex factory quotation of concentrated nitric acid including tax is 2650 yuan / ton, which is 150 yuan / ton lower than the last time. Huainan Aodeli chemical products Sales Co., Ltd., the quotation of concentrated nitric acid fell, with the quotation of 2380 yuan / ton, down 370 yuan / ton compared with the last time.

According to the monitoring of business society, the production price of upstream liquid ammonia in Shandong fell by 9% during the period from November 15 to November 25. The domestic market price of downstream aniline fell by 8.59% during the period from November 15 to November 25. Downstream TDI, during the period from November 15 to November 25, the market price in East China fell by 2.54%. Downstream potassium nitrate, the production price of Shanxi fell by 0.43% during the period from November 15 to November 25. Downstream ammonium nitrate, the domestic production price fell by 8.94% during the period from November 15 to November 25.

Due to the decline of raw materials and insufficient demand for nitric acid, there is great pressure on enterprise inventory. Nitric acid analysts of business society expect the price of nitric acid to continue to decline.

http://www.gammapolyglutamicacid.com

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