Commodity News

SunSirs: The price of nitric acid decreased slightly this week (4.25-4.29)

April 29 2022 10:55:37

Market price trend chart of nitric acid

According to the monitoring of SunSirs, the average price of nitric acid was 2450 RMB/ton on April 29 and 2466 RMB/ton on April 25, down 0.68%.

Anhui Jinhe Industrial Co., Ltd., the factory quotation of concentrated nitric acid is 2500 RMB/ton, which is 50 RMB/ton lower than that of last week. The delivery of nitric acid is acceptable. Ningxia Runxia Energy Chemical Co., Ltd. has an annual output of 150000 concentrated acids and 98 concentrated nitric acid. The ex factory quotation is 2550 RMB/ton. Affected by the epidemic, there is resistance to the delivery of nitric acid, and the enterprise quotation is firm. Shaanxi Xinghua Chemical Co., Ltd. has an annual production capacity of 100000 tons of nitric acid, and now the output is more than 100 tons per day. The nitric acid plant is started normally. The quotation of concentrated nitric acid is 2300 RMB/ton, the quotation is stable, and the goods in the market are acceptable.

The price of liquid ammonia in the upstream of nitric acid rose by 1.22% this week. Downstream aniline fell by 3.76%, TDI fell by 2.59%, the price of potassium nitrate rose by 0.47%, and the price of ammonium nitrate remained stable temporarily.

Boosted by liquid ammonia, the enterprise's quotation is strong; Affected by the epidemic, the downstream goods are not smooth, and the price of nitric acid is expected to be adjusted slightly.

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

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