SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: Nitric Acid Prices Fell This Week (April 17-21)

April 24 2023 13:53:23     SunSirs (John)

Price trend

According to the monitoring of the Commodity Market Analysis System of SunSirs, the average price of nitric acid on April 17th this week was 2,550 RMB/ton, and on April 13th it was 2,533 RMB/ton, a decrease of 0.65% in price.

Analysis review

As of the 21st, the pressure on the supply side of the concentrated nitric acid market had not decreased, demand continued to be weak, and costs had declined. Focusing on market transactions, the market urgently needed positive news to support prices. The demand of downstream aniline was acceptable, but the low demand in industries such as pesticides and pickling made it difficult to form a supportive effect on prices.

From April 17th to April 21st, upstream liquid ammonia decreased by 8.04%, downstream aniline prices increased by 3.57%, TDI prices increased by 1.04%, and potassium nitrate decreased by 0.45%.

Market outlook

The raw material liquid ammonia continued to decline, while downstream potassium nitrate prices declined. The transaction atmosphere in the nitric acid market was light. Nitric acid analysts from SunSirs predict that the price of nitric acid may mainly fluctuate and weaken.

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

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products