According to the monitoring of the Commodity Market Analysis System of the Business Society, the average price of nitric acid on April 10th this week was 2566 yuan/ton, and on April 13th it was 2560 yuan/ton, a decrease of 0.26% in price.

On April 10th, mainstream enterprises in East China quoted prices ranging from 2500 to 2800 yuan/ton, while northern and central China quoted prices ranging from 2400 to 2600 yuan/ton. At present, the market is mainly based on inquiries, with light trading volume. The focus is on market transactions, and the market urgently needs to support prices with positive results.

During the period from 4.10 to 4.14, upstream liquid ammonia decreased by 5.96%. Downstream aniline prices increased by 5.88%, TDI prices increased by 7.62%, and potassium nitrate prices decreased by 1.33%. The raw material liquid ammonia continues to decline, while downstream potassium nitrate prices decline. The wait-and-see atmosphere in the nitric acid market is relatively strong, and attention should be paid to the negative impact of weak raw materials on the strong sentiment in local markets. Nitric acid analysts at Business Society predict that nitric acid prices may mainly fluctuate and weaken.