February 27th News On February 27th, influenced by weak market demand before the Spring Festival and the decline in the price of raw material liquid ammonia, cost support weakened, leading to a downward adjustment in mainstream negotiated prices. The mainstream transaction price in the Shandong region was 1,450–1,550 yuan/ton, representing a decrease of 50 yuan/ton. Chempricehub Analysis: Nitric Acid, Bull-Bear Score: -1 The article points out that weak market demand before the Spring Festival, combined with the decline in the price of raw material liquid ammonia, has weakened cost support, resulting in a 50 yuan/ton reduction in the mainstream transaction price of nitric acid in the Shandong region to 1,450–1,550 yuan/ton. Weak demand directly suppresses purchasing willingness, while the decline in the price of liquid ammonia, a key raw material, further weakens cost support, exerting a generally bearish impact on the spot price of nitric acid. It is expected that prices may continue to face downward pressure in the short term, but the extent of the decline is limited by seasonal factors. Liquid Ammonia, Bull-Bear Score: -1 The article mentions the decline in the price of liquid ammonia. As a major raw material for nitric acid, its price drop reflects weak demand or oversupply, exerting a generally bearish impact on the spot price of liquid ammonia. The weakening of cost support may exacerbate downward pressure on downstream product prices. Market sentiment is bearish in the short term, and subsequent changes in supply and demand should be closely monitored.