Price Trend Chart of Nitric Acid Market
According to the monitoring of business associations, the price of nitric acid in China has stabilized this week, with an average price of 1,560 yuan per ton.
II. Market Analysis
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Products: This week, the domestic nitric acid market price continued to be stable. The price quoted by the mainstream manufacturers in Jiangsu was 1550-1600 yuan/ton, Anhui was 1500-1600 yuan/ton, and South China was 1950 yuan/ton.
Industry chain: The market performance of liquid ammonia in the upstream of nitric acid raw material tends to be stable, the price fluctuates slightly, the transaction is slightly stalemate, most manufacturers report steady, some manufacturers rise slightly, and the market consolidation of aniline and TDI prices in the downstream products is dominant.
3. Future Market Forecast
In summary, Nitric acid analysts believe that the nitric acid market will continue to consolidate in the short term.
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