Nitric acid price rises this week (11.30-12.04)

1、 Price trend chart of nitric acid Market

 

Gamma PGA

Nitric acid price curve

 

According to the monitoring of the business agency, the average price of nitric acid in East China at the beginning of this week was 1800 yuan / ton, while that at the end of this week was 1900 yuan / ton, up 5.56%.

 

2、 Market analysis

 

Anhui Jinhe quoted 2100-2200 yuan / T, which was flat compared with last week; Shandong helitai Chemical Co., Ltd. quoted 2200 yuan / T, 300 yuan / T higher than last week; Huainan Aodeli chemical products Sales Co., Ltd. quoted 2180 yuan / ton of concentrated nitric acid, which was flat compared with last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / T of concentrated nitric acid and 810 yuan / T of dilute nitric acid, The price of concentrated nitric acid was the same as last week. The delivery of nitric acid Market slowed down compared with the previous period, and most manufacturers’ quotations remained stable.

 

According to the monitoring of the business agency, the domestic liquid ammonia market remained stable this week for the upstream liquid ammonia; 1.52% for aniline in the downstream; and 1.77% for the downstream TDI.

 

3、 Future forecast

 

Nitric acid Market Trading slows down, nitric acid analysts in the business community predict that the price of nitric acid will be mainly stable.

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