According to the monitoring of the commodity market analysis system of Shengyishe, the average price of nitric acid on December 11th this week was 2300 yuan/ton, and on December 8th it was 2250 yuan/ton, a price drop of 2.17%.
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On December 11th, the price of concentrated nitric acid was weak, with an increase in upstream supply and no significant increase in downstream demand. Transactions were mainly orders, with a focus on market transactions.
During the period of 12.11-12.15, the upstream liquid ammonia price increased by 0.42%, the downstream aniline price remained stable, the TDI price decreased by 0.6%, and the potassium nitrate price decreased by 0.46%. At present, the supply of goods in the market has increased, and the demand in downstream industries is average. Acid prices continue to decline due to weak transactions. Nitric acid analysts from Business Society predict that the price of nitric acid may mainly fluctuate weakly.
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