January 5th News: On January 5th, the nitric acid market was affected by factors such as supply recovery and weakening demand expectations. The mainstream transaction price in the Shandong region was 1,350–1,450 yuan/ton, a decrease of 50 yuan/ton, indicating an overall market correction trend. Chempricehub's analysis of nitric acid shows a bearish score of -1. Supply recovery indicates an increase in supply, while weakening demand expectations lead to a decline in demand. These dual factors have driven the mainstream transaction price in the Shandong region down by 50 yuan/ton to 1,350–1,450 yuan/ton, reflecting an overall market correction trend. This will exert significant downward pressure on the spot price of nitric acid, representing a generally bearish impact.