Nitric acid prices fell this week (12.9-12.13)

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 business agency, the average weekly price of nitric acid in East China this week was 1616 yuan / ton, while the average weekly price was 1600 yuan / ton, down 1.03%.

 

II. Market analysis

 

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Products: the price of concentrated nitric acid is stable temporarily, that of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1500 yuan / ton, which is stable; that of Anhui Jinhe is 1500 yuan / ton, which is 50 yuan / ton lower than last week; that of Shandong helitai concentrated nitric acid is 1800 yuan / ton, which is stable temporarily. Wenshui Synthetic Chemical Co., Ltd. offers 1750 yuan / ton, which is temporarily stable; Huainan Audley chemical concentrated nitric acid offers 1580 yuan / ton, which is the same as last week; linshengchang chemical concentrated nitric acid offers 1700 yuan / ton, Xinxiang City, Henan Province. The market demand of nitric acid is general, and the quotation of enterprises is basically stable.

 

Industry chain: liquid ammonia, the upstream raw material of nitric acid, is basically stable this week according to the monitoring of the business association. Downstream aniline, according to the data in the bulk list of business agencies, the market price of aniline in Shandong Province on Friday was 6650 yuan / ton, up 9.02% from 6100 yuan / ton on Friday; downstream TDI, down 0.57% this week.

 

III. future forecast

 

Nitric acid analysts of the business community expect that the nitric acid market may continue to adjust in a narrow range.

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