On January 9th, the price of concentrated nitric acid experienced a rational correction due to supply recovery and demand expectations. The mainstream negotiated average price for 98% concentrated nitric acid ranged between 1,300 and 1,450 yuan per ton, representing a decrease of 50 yuan per ton. According to Chempricehub's analysis of nitric acid, the long-short rating is -1. Based on the article, the mainstream negotiated average price for 98% concentrated nitric acid on January 9th was between 1,300 and 1,450 yuan per ton, a decline of 50 yuan per ton, or approximately 3.7%. This was primarily influenced by supply recovery (capacity restoration on the supply side) and weakening demand expectations, leading to a rational correction in the market. The combination of increased supply and anticipated weak demand exerted general downward pressure on spot prices, potentially limiting upward price movement in the short term. This decline reflects an adjustment in market supply-demand dynamics, necessitating attention to subsequent supply developments and changes in terminal demand.