On August 7, the overall demand in the nitric acid market showed no significant positive signs. The average mainstream negotiated price for 98% concentrated nitric acid ranged between 1,150 and 1,250 yuan/ton, a decrease of 50 yuan/ton.
On August 6, the mainstream price of 98% concentrated nitric acid in the Anhui region was around 1,150-1,250 yuan/ton, a decrease of 50 yuan/ton. Affected by rising inventories and weak downstream demand, overall prices showed a volatile downward trend.
On August 5, inventory pressure in the Shandong nitric acid market increased amid slowing demand. The latest ex-factory price for 98% concentrated nitric acid is around 1,300-1,400 yuan/ton, a decrease of 20 yuan/ton.
On August 4, nitric acid market prices in some regions were weak due to increased inventories. The mainstream average negotiation price for 98% concentrated nitric acid ranged between 1,150-1,250 yuan/ton, a decrease of 50 yuan/ton.
On August 3, the mainstream price of 98% concentrated nitric acid in the Anhui region was around 1,150-1,250 yuan/ton, a decrease of 50 yuan/ton. Affected by rising inventories and weak downstream demand, market sentiment is cautious.
On July 31, inventory pressure in the Shandong nitric acid market increased amid slowing demand. The latest ex-factory price for 98% concentrated nitric acid was around 1,300-1,400 yuan/ton, a decrease of 20 yuan/ton.
On July 28, affected by increased inventory pressure in the nitric acid market and weak downstream demand, the mainstream average negotiation price for 98% concentrated nitric acid ranged between 1,150 and 1,250 yuan/ton, a decrease of 50 yuan/ton.
On July 27, the mainstream price of 98% concentrated nitric acid in the Anhui region was around 1,150-1,250 yuan/ton, a decrease of 50 yuan/ton. Affected by rising inventories and weak downstream demand, some manufacturers lowered prices to sell goods.