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SunSirs: Nitric Acid Prices Were Stable This Week (January 11-15)

January 19 2021 13:28:58     SunSirs (John)

Price trend

According to the monitoring of SunSirs, the average price of nitric acid in China this week was 2,050 RMB/ton, and the quotation was temporarily stable.

Analysis review

Anhui Jinhe concentrated nitric acid quotation was 1,950-2,000 RMB/ton, which was the same as last week; Shandong Helitai Chemical Co., Ltd. quotation concentrated nitric acid was 2,200 RMB/ton, which was the same as last week; Wenshui County Synthetic Chemical Co., Ltd., concentrated nitric acid quotation was 1,950 RMB/ton, dilute nitric acid quotation was 810 RMB/ton, concentrated nitric acid quotation was the same as last week; Shaanxi Xinghua Chemical concentrated nitric acid quotation was 1,900 RMB/ton, quotation was the same as last week. As the Spring Festival approaches, the market demand for nitric acid is general, and the manufacturers offer stable prices.

According to the monitoring of SunSirs, the upstream liquid ammonia price was 3,326 RMB/ton in Shandong this weekend, an increase of 1.84%; the downstream aniline, according to SunSirs data, the average domestic market price of aniline this week was 6,040 RMB/ton, and the quotation was temporarily stable. The average price of downstream TDI in the East China market this week was 12,666 RMB/ton, and the quotation was stable.

Market outlook

The market demand for nitric acid is steady, and the nitric acid analyst of SunSirs predicts that the price of nitric acid is mainly stable.

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

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