1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of the business agency, the average price of nitric acid in East China this week was 1433 yuan / ton, and the offer was temporarily stable.

2、 Market analysis

Products: the price of concentrated nitric acid is weak, the quotation of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1250-1300 yuan / ton, the same as last week; the quotation of Wenshui Synthetic Chemical Co., Ltd. is 1580 yuan / ton, the same as last week; the quotation of Anhui Jinhe Chemical Co., Ltd. is 1300 yuan / ton, the same as last week; the quotation of Shandong helitai Chemical Co., Ltd. is 1700 yuan / ton, the same as last week; the demand of nitric acid market is general.

Industrial chain: upstream liquid ammonia, this week（ five point one one -15) , the domestic liquid ammonia Market slightly adjusted, the market rose and fell mutually, most manufacturers reported stable, some manufacturers were affected by the inventory pressure, slightly reduced the price, there were downward movements in the middle of the week, the range was 50-100 yuan / ton; downstream aniline, Zhou aniline Market was stable and small movements, on May 17, the price of aniline in Shandong region was 4600-4690 yuan / ton, East China The price of regional aniline is 4700-4820 yuan / ton, slightly higher than last week 0.72% 。

3、 Future forecast

Nitric acid analysts of the business community predict that the price of nitric acid may be weak and stable.