Nitric acid price rises slightly this week (9.14-9.18)

1、 Price trend chart of nitric acid Market



Nitric acid price curve


According to the monitoring of the business agency, the average price of nitric acid in East China at the beginning of this week was 1500 yuan / ton, and the average price at weekend was 1516 yuan / ton, with the quotation rising by 1.11%.


2、 Market analysis


Anhui Jinhe quoted 1350-1400 yuan / ton, which was about 50 yuan / ton higher 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 1380 yuan / ton of concentrated nitric acid, which was 100 yuan / ton higher than last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1530 yuan / ton of concentrated nitric acid and 680 yuan / ton of dilute nitric acid The price of concentrated nitric acid was lower than that of last week; the trading volume of partial nitric acid market was acceptable.


Azodicarbonamide (AC foaming Agent)

According to the monitoring of the business agency, the upstream product of liquid ammonia in Shandong Province dropped by 1.06% in the week of 18th, with the mainstream market quotation of 2750-3000 yuan / ton; for the downstream TDI, the average market price of TDI in East China on the 15th was 17833.33 yuan / ton, up 22.71% compared with 14533.33 yuan / ton at the beginning of the month; and aniline at the downstream was up 5.93% this week.


3、 Future forecast


Supported by downstream products, nitric acid analysts of business club predict that the price of nitric acid will rise.

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