Nitric acid prices fell in some areas this week (8.17-8.21)

1、 Price trend chart of nitric acid Market

 

Nitric acid price curve

 

Gamma PGA cosmetic

According to the monitoring of business agency, the average price of nitric acid in East China this week was 1516 yuan / ton at the beginning of the week and 1500 yuan / ton at the weekend, down 1.1%.

 

2、 Market analysis

 

The price of concentrated nitric acid was stable. Jiangsu Hongze Yinzhu Chemical Co., Ltd. quoted 1400 yuan / T of concentrated nitric acid, which was flat compared with last time; Anhui Jinhe quoted 1300-1350 yuan / ton, which was about 50 yuan / ton lower than last week; Shandong helitai Chemical Co., Ltd. quoted 1750 yuan / ton, which was flat compared with last time; Huainan Aodeli chemical products Sales Co., Ltd. quoted 1330 yuan / ton of concentrated nitric acid, which was 70 yuan lower than last week/ The supply pressure of nitric acid market increased, the market trading was light, and the quotation of individual manufacturers declined.

 

Gamma PGA agriculture grade

According to the monitoring of the business agency, the upstream liquid ammonia rose by 1.62% this week; the average price of aniline in the lower reaches this week was 4350 yuan / ton, the quotation was stable; and the downstream TDI rose by 10.53%.

 

3、 Future forecast

 

To sum up, nitric acid analysts of the business community predict that the upstream and downstream support, nitric acid prices may rise.

Gamma PGA

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