1、 Price trend chart of nitric acid Market
Nitric acid price curve
According to the monitoring of business agency, the average price of nitric acid in East China this weekend was 1433 yuan / ton, while the average price at the beginning of the week was 1466 yuan / ton, down 2.27%.
2、 Market analysis
Products: the price of concentrated nitric acid is weak, the quotation of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1250-1300 yuan / ton, which is 50 yuan / ton lower than that before the festival; the quotation of Wenshui Synthetic Chemical Co., Ltd. is 1580 yuan / ton, which is the same as that before the festival; the quotation of Shandong helitai Chemical Co., Ltd. is 1700 yuan / ton, which is the same as that before the festival; the quotation of Shaanxi Xinghua is 1500 yuan / ton. The demand of nitric acid market is light.
Industry chain: upstream liquid ammonia, this week’s market is temporarily stable; downstream aniline, during the festival, the price of aniline has been reduced, 200 yuan / ton in Shandong and 200 yuan / ton in East China. The price of aniline in Shandong is 4600-4690 yuan / ton, while that in East China is 4600-4820 yuan / ton, down 4.17% from last week.
3、 Future forecast
To sum up, the nitric acid analysts of the business association predict that the price of nitric acid may be subject to shock adjustment.