1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1450 yuan / ton, and the quotation is stable.

2、 Market analysis

The price of concentrated nitric acid is basically stable this week. The quotation of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1300 yuan / T, which is flat compared with last week; Anhui Jinhe offers 1350-1400 yuan / T, which is flat compared with last week; Shandong helitai Chemical Co., Ltd. offers 1700 yuan / T, which is flat compared with last week; nitric acid market demand is stable, and manufacturer’s quotation is stable.

According to the monitoring of the business agency, the liquid ammonia in the upstream fluctuated in a wide range in June, returning to a weak position at the end of the month, which was detrimental to the price of nitric acid. For the downstream aniline, the aniline price dropped this week. On July 3, the aniline price in Shandong was 4100-4180 yuan / ton, and that in East China was 4100-4300 yuan / ton, a decrease of 4.58% compared with last week. For the downstream TDI, according to the data from the business club’s large list, the TDI market in East China on June 30 was as follows The average price was 10566.67 yuan / ton, down 1.83% from the previous day.

3、 Future forecast

Downstream market weakness, business community nitric acid analysts predict that the price of nitric acid will decline.