Chart of nitric acid market price trend
| Azodicarbonamide (AC foaming Agent) |
According to the monitoring of the Business Agency, the average price of nitric acid was 2450 yuan/ton on January 1 and 2516 yuan/ton on January 30, with a price increase of 2.72%.
On January 30, Ningxia Runxia Energy Chemical Co., Ltd. produced 150000 concentrated acid annually, and the ex-factory price of 98 concentrated nitric acid was 2550 yuan/ton. The nitric acid market mostly shipped according to orders, and the inquiry gradually warmed up.
During 1.01-1.30, upstream liquid ammonia fell by 9.06%. Downstream aniline fell 2.93%, TDI rose 8.16%, potassium nitrate fell 0.21%, and ammonium nitrate rose 0.47%. Although the upstream liquid ammonia cost fell, the downstream TDI and ammonium nitrate prices rose, and the downstream market was dominated by inquiries. The nitric acid analyst of the business agency predicted that the nitric acid price might be dominated by shocks.
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