SunSirs: The price of nitric acid increased in March
March 30 2022 15:53:40According to the monitoring of SunSirs, the average price of nitric acid was 2316 RMB/ton on March 28 and 2216 RMB/ton on March 1. Nitric acid increased by 4.15% in March. On March 28, Ningxia Runxia energy and Chemical Co., Ltd. produced 150000 concentrated acids and 98 concentrated nitric acid per year. The factory quotation was 2350 RMB/ton. It was difficult to ship nitric acid, and there was less construction in the downstream. Anhui Jinhe Industrial Co., Ltd., the factory quotation of concentrated nitric acid is 2400 RMB/ton, and the shipment of nitric acid is good. Shaanxi Xinghua Chemical Co., Ltd., the concentrated nitric acid plant is started up, the quotation of concentrated nitric acid is 2200 RMB/ton, and the delivery of nitric acid is acceptable.
In March, the market of liquid ammonia in the upstream of nitric acid rose by 10.4%. Downstream aniline rose 0.26%, TDI rose 3.81%, potassium nitrate rose 11.9% and ammonium nitrate fell 0.46%.
The price rise of raw liquid ammonia is supported, and the price of nitric acid is expected to rise.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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- 2024-04-01 SunSirs: The Price of Nitric acid had dropped this month (March 1-28)
- 2024-03-25 SunSirs: The Price of Nitric Acid Was Weak and Falling This Week (March 18-21)
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