The supply of nitric acid market is tight and the price is rising

1、 Price trend chart of nitric acid Market

 

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Nitric acid price curve

 

(photo source: Commodity analysis system of Business Club)

 

According to the monitoring of the business agency, the average price of nitric acid in East China on November 18 was 1800 yuan / ton, up 11.34% from 1616 yuan / ton last week.

 

2、 Market analysis

 

Anhui Jinhe quoted 2100-2200 yuan / ton, which was 450-550 yuan / ton higher than last week; Shandong helitai Chemical Co., Ltd. quoted 1900 yuan / ton, which was 100 yuan / ton higher than last week; Huainan Aodeli chemical products Sales Co., Ltd. quoted 1900 yuan / ton of concentrated nitric acid, with an increase of 250 yuan / ton compared with last week; Wenshui County Synthetic Chemical Co., Ltd. quoted 1530 yuan / ton of concentrated nitric acid, dilute nitric acid The price of nitric acid is 680 yuan / ton, and the price of concentrated nitric acid is flat compared with last week; the quotation of concentrated nitric acid of Shaanxi Xinghua Chemical Co., Ltd. is 1700 yuan / ton, which is 100 yuan / ton higher than that of last week; the nitric acid market is in good demand, and nitric acid parking in some areas leads to tight supply of nitric acid products market.

 

According to the monitoring of the business agency, the average price of liquid ammonia in Shandong Province at the beginning of this week was 2960 yuan / ton, which was 2983 yuan / ton on January 18, up 0.79%; the average market price of aniline at the beginning of this week was 6633 yuan / ton, and the average price on November 18 was 6800 yuan / ton, up 2.51 yuan / ton.

 

3、 Future forecast

 

Nitric acid supply is tight, nitric acid analysts of business agency predict that the price will rise mainly.

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