On June 26, nitric acid prices in Shandong showed a narrow downward trend. The latest ex-factory quote for 98% concentrated nitric acid was around 1,300-1,400 yuan/ton, a decrease of 50 yuan/ton.
On June 25, inventory pressure in the nitric acid market increased. The average mainstream negotiated price for 98% concentrated nitric acid ranged between 1,350 and 1,450 yuan/ton, with prices falling by 50 yuan/ton.
On June 24, the mainstream price of 98% concentrated nitric acid in the Anhui region was around 1,300-1,400 yuan/ton, a decrease of 50 yuan/ton. Demand from downstream industries such as aniline, para-nitro, and ortho-nitro was average, and the nitric acid market was dominated by price reductions to facilitate sales.
On June 23, nitric acid prices in Shandong showed a narrow downward trend. The latest ex-factory price for 98% concentrated nitric acid was around 1,300-1,400 yuan/ton, a decrease of 50 yuan/ton.
On June 22, inventory pressure in the nitric acid market increased. The average mainstream negotiated price for 98% concentrated nitric acid ranged between 1,350 and 1,450 yuan/ton, with prices falling by 50 yuan/ton.
On June 17, the mainstream price of 98% concentrated nitric acid in the Anhui region was around 1,400 yuan/ton, a decrease of 50 yuan/ton. Demand from downstream industries such as aniline, para-nitro, and ortho-nitro was average, and the nitric acid market was primarily focused on reducing prices to clear inventory.
On June 16, the nitric acid market in Shandong showed a steady but slightly downward trend due to a lack of centralized restocking momentum from downstream industries such as aniline and dye intermediates. The latest ex-factory price for 98% concentrated nitric acid was around 1,300-1,400 yuan/ton, with a price decrease of 50 yuan/ton.
On June 15, the nitric acid market faced pressure from strong supply and weak demand. The average mainstream negotiated price for 98% concentrated nitric acid ranged between 1,350 and 1,450 yuan/ton, with prices falling by 50 yuan/ton.