April 29 News
On April 29, the nitric acid market in Shandong saw limited supply, leading to relatively tight availability. The latest ex-factory price for 98% concentrated nitric acid was around 1,600 yuan/ton, up by 50 yuan/ton. Chempricehub evaluates nitric acid with a bullish-bearish score: 1. The article reports limited supply and tight availability in the Shandong nitric acid market, with the ex-factory price of 98% concentrated nitric acid rising by 50 yuan/ton to 1,600 yuan/ton. Reduced supply has driven spot prices upward, reflecting relatively strong demand, which benefits the spot market. Therefore, a score of +1 is given, indicating a generally positive outlook.