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%.
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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.
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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.
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