The price of nitric acid fell sharply

I. price trend chart of nitric acid Market

Nitric acid price curve

(photo source: Commodity analysis system of Business Club)

According to the monitoring of the business agency, the average price of nitric acid in East China in early October was 2466 yuan / ton, while on October 15, the average price of nitric acid in East China was 2100 yuan / ton, down 14.86%.

POLYVINYL ALCOHOL FIBER

II. Market analysis

Products: the price of concentrated nitric acid continued to decline. As of October 15, Jiangsu Hongze Yinzhu Chemical Co., Ltd. offered 2100 yuan / ton, down 500 yuan / ton compared with the pre holiday offer; Anhui Jinhe offered 2100 yuan / ton, down 400 yuan / ton compared with the pre holiday offer; Shandong helitai offered 2100 yuan / ton, down 200 yuan / ton compared with the pre holiday offer. Anhui Audley offered 1950 yuan / ton, 650 yuan / ton lower than that before the festival; Wenshui County synthetic chemical offered 2200 yuan / ton, 100 yuan / ton lower than that before the festival. At present, the demand for nitric acid is not good, and the price of the negative manufacturers is constantly reduced.

PVA 1788 (PVA BP17)

Industry chain: liquid ammonia, the upstream raw material of nitric acid, fell first and then rose slightly in Shandong after the festival according to the monitoring of the business association; the price of aniline and TDI, the downstream products, remained stable last week compared with that before the festival. The market price of aniline in Shandong is 7600 yuan / ton, and that in Nanjing is 7800 yuan / ton. The price trend of TDI in the East China market is up. On the 14th, the price of TDI in the East China market was 13100.00 yuan / ton, an increase of 1.29%.

III. future forecast

The demand of nitric acid market is light, and the nitric acid analyst of the business agency thinks that the nitric acid market may continue to decline.

http://www.barium-chloride.com