Price trend

According to the data monitoring of SunSirs, the average price of nitric acid in East China this week was 1,500 RMB/ton, and the quotation was temporarily stable.

Analysis review   

Anhui Jinhe's offer was 1,300-1,350 RMB/ton, which was the same as last week; Shandong Helitai Chemical Co., Ltd. offered 1,750 RMB/ton, which was the same as last time; Huainan Audley Chemical Products Sales Co., Ltd., the price of concentrated nitric acid was 1,280 RMB/ton, the price is 30 RMB/ton lower than last week; Wenshui County Synthetic Chemical Co., Ltd., the price of concentrated nitric acid was 1,680 RMB/ton, the price of dilute nitric acid was 810 RMB/ton, and the price of concentrated nitric acid was up 100 RMB/ton from last week; Market trading stabilized and some quotations increased.

According to the monitoring of SunSirs, the price of domestic liquid ammonia rose by 0.21% for upstream products this week; downstream aniline rose by 1.51%, and TDI's quotation rose by 7.17% this week.

Market outlook

The market for downstream products is rising, and the nitric acid analysts of SunSirs predict that the price of nitric acid may rise.

If you have any questions, please feel free to contact SunSirs with suooort@sunsirs.com.