1、 Price trend chart of nitric acid Market
Nitric acid price curve
| ferric sulfate (Poly ferric sulphate) |
According to the monitoring of business agency, the average price of nitric acid in East China this week is 1450 yuan / ton, and the quotation is stable temporarily.
2、 Market analysis
This week, the price of concentrated nitric acid remained stable, and the prices of various manufacturers were increased. The price of Hongze Yinzhu Chemical Co., Ltd. in Jiangsu Province was 1250-1300 yuan / ton, which was the same as that of last week; the price of Wenshui Synthetic Chemical Co., Ltd. was 1580 yuan / ton, which was the same as that of last week; Anhui Jinhe Chemical Co., Ltd. was 1350-1400 yuan / ton, which was 50 yuan / ton higher than that of last week; Shandong helitai Chemical Co., Ltd. was 1700 yuan / ton, which was the same as that of last week; nitric acid Low output and increased market demand support the price of nitric acid.
| Gamma-PGA (gamma polyglutamic acid) |
According to the monitoring of the business agency, the upstream liquid ammonia rose about 1.61% this week, boosting the price of nitric acid; the downstream aniline, the price of aniline this week was stable compared with last week, on June 19, the price of aniline in Shandong was 4500-4590 yuan / ton, and the price of aniline in East China was 4600-4820 yuan / ton; the downstream TDI, the average market price in East China in this week was 11500.00 yuan / ton, up 0.58% compared with last weekend’s 11433.33 yuan / ton, It was 8.49% lower than last year.
3、 Future forecast
Nitric acid analyst of business agency predicted that the demand of nitric acid market had improved and the price might rise.
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