Price Trend Chart of Nitric Acid Market
Nitric acid price curve
(Photo Source: Business Association Commodity Analysis System)
According to the monitoring of business associations, the average price of nitric acid in eastern China this week was 1 600 yuan/ton, and the quotation was stable for the time being.
II. Market Analysis
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Products: This week’s nitric acid quotation is stable, Jiangsu mainstream manufacturers quoted 1600 yuan / ton, the quotation is stable. Anhui Jinhe stopped production; Anhui Audley quoted 1580 yuan/ton. Shandong manufacturers quote 1600 yuan/ton, the price is stable. The quotation of the manufacturer is basically stable, and individual manufacturer parks. Nitric acid shipment is general.
Industry chain: liquid ammonia, the upstream raw material of nitric acid, the offer is stable on September 6. Downstream products, aniline prices remained stable this week compared with last week. Mainstream price in Shandong is 6000 yuan/ton; domestic TDI market price trend slightly decreased this week, the average market price in eastern China at the beginning of the week is about 13000 yuan/ton, and the average market price in eastern China at the weekend is about 12800 yuan/ton, with a drop of 1.54% in the week.
3. Future Market Forecast
In summary, Nitric acid analysts of business associations believe that the nitric acid market may be dominated by stable operation of the weak.
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