Weak operation of nitric acid price this week (4.13-4.17)

1、 Price trend chart of nitric acid Market


According to the monitoring of business agency, the average price of nitric acid in East China this weekend was 1516 yuan / ton, while the average price at the beginning of the week was 1550 yuan / ton, down 2.15%.


2、 Market analysis



Products: the price of concentrated nitric acid enterprise is weak, the price of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1300-1400 yuan / ton, which is 100 yuan / ton lower than last week; Anhui Jinhe Chemical Co., Ltd. is 1400-1450 yuan / ton, which is 100 yuan / ton lower than last week; Shandong helitai Chemical Co., Ltd. is 1700 yuan / ton, which is 50 yuan / ton lower than last week; the demand of nitric acid market is still light.


Industrial chain: upstream liquid ammonia, the price of liquid ammonia this week is temporarily stable. Downstream aniline, stimulated by good news this week, prices rebounded sharply. On Friday (April 17), prices in Shandong and Nanjing were 5500 yuan / ton and 5600 yuan / ton respectively, up 9.93% compared with last week. TDI was mainly weak this week.


3、 Future forecast


The nitric acid analyst of the business association predicted that the nitric acid market demand is hard to change and weak adjustment is the main trend.


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