The price of nitric acid rose on April 6

1、 Nitric acid market price trend chart

 

Nitric acid price curve

 

According to the monitoring of the business agency, the average price of concentrated nitric acid in China was 2233 yuan / ton on April 6, and 2050 yuan / ton before the Qingming Festival, up 8.94%.

 

2、 Market analysis

 

On April 6, Anhui Jinhe quoted 2200-2300 yuan / ton, an increase of 350-400 yuan / ton compared with last time; Anhui Aodeli quoted 2350 yuan / ton, an increase of 470 yuan / ton compared with last time; Wenshui Synthetic Chemical Co., Ltd. quoted 2200 yuan / ton of concentrated nitric acid, 960 yuan / ton of dilute nitric acid, an increase of 200 yuan / ton compared with last time Shaanxi Xinghua Chemical Co., Ltd. quoted 2150 yuan / ton of concentrated nitric acid, an increase of 250 yuan / ton. Nitric acid market is in short supply, the market is good, the manufacturers have no inventory pressure, and the raw material liquid ammonia rises to boost the price of most manufacturers.

 

The market of upstream liquid ammonia rose sharply in March. According to the monitoring of the business association, the monthly increase of liquid ammonia was 17.16%. By the end of the month, the mainstream price of aniline in Shandong was 3700-3850 yuan / ton; the average price of aniline in the downstream market was 12300 yuan / ton from April 1 to April 6, and the average price was 13066 yuan / ton on April 1, down 5.87%.

 

3、 Future forecast

 

Nitric acid market is better, nitric acid analysts of business association predict that nitric acid price will continue to rise.

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