On April 15, the nitric acid market experienced limited supply with relatively tight availability. The mainstream negotiated average price for 98% concentrated nitric acid ranged between 1,350 and 1,450 yuan per ton, marking an increase of 50 yuan per ton. Chempricehub's analysis of nitric acid assigns a long-short score of +1. The report highlights that the nitric acid market is characterized by limited supply and relatively tight availability, with the mainstream negotiated average price for 98% concentrated nitric acid rising by 50 yuan per ton to 1,350–1,450 yuan per ton. The reduction in supply has led to a significant increase in spot prices, reflecting robust demand or potential growth, which is favorable for the spot market. The score of +1 (generally positive) is based on the spot price increase of approximately 3.7%–3.8%. While not substantial, this clearly supports a short-term upward trend, and prices are expected to remain strong.