April 20th News
On April 20th, the concentrated nitric acid market in Jiangsu region experienced stable and subdued trading, with acid producers maintaining normal shipments. Acid plant operations in Jiangsu were running smoothly, with mainstream transaction prices for 98% concentrated nitric acid mostly ranging between 1,300 and 1,350 yuan per ton, reflecting an increase of 50 yuan per ton.
Chempricehub Analysis of Nitric Acid, Bull-Bear Score: 1
The article indicates that the mainstream transaction price for 98% concentrated nitric acid in Jiangsu has risen by 50 yuan per ton to 1,300–1,350 yuan per ton, with market trading remaining stable and subdued, acid producers shipping normally, and plant operations running steadily. The price increase suggests potential improvements on the demand side or strengthened cost support, exerting a generally positive impact on spot prices.
Comments
0