Chart of nitric acid market price trend
According to the monitoring of the Commodity Market Analysis System of the Business Society, the average price of nitric acid on May 15th this week was 2400 yuan/ton, and on May 19th it was 2233 yuan/ton, a decrease of 6.94% in price.
On May 15th, mainstream enterprises in East China quoted prices ranging from 2000 to 2200 yuan/ton, while those in the North and Central China quoted prices ranging from 1800 to 2000 yuan/ton. At present, the concentrated nitric acid market is mainly dominated by order sales, and the market atmosphere is cold. There is an urgent need for positive support, with a focus on market transactions.
During the period of 5.15-5.19, upstream liquid ammonia increased by 0.83%, downstream aniline prices decreased by 4.23%, TDI prices decreased by 7.5%, and potassium nitrate prices decreased by 1.4%. Although the price of raw material liquid ammonia has increased, the downstream prices of potassium nitrate, aniline, and TDI have all decreased. In addition, the downstream demand for nitric acid is weak, but the demand for pesticides, pickling, and other industries is sluggish. The price of nitric acid continues to decline, and nitric acid analysts at Business Society predict that the price of nitric acid may be mainly volatile and weak.
| http://www.thiourea.net |