Commodity News
SunSirs: Nitric Acid Demand Continues to be Weak
April 28 2023 10:05:29The latest price of nitric acid (4-26): 2466 RMB / ton, the market outlook is bearish
Analysis points: At present, the pressure on the supply side of the concentrated nitric acid market remains unabated, the demand continues to be weak, and the cost is falling. Focus on market transactions. The downstream demand for aniline is acceptable, but the demand for pesticides, pickling and other industries is sluggish, and it is difficult to form a supportive effect on prices.
Forecast of the market outlook: The transaction atmosphere in the nitric acid market is light, and the price of nitric acid is expected to fluctuate and weaken.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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