April 2 News — On April 2, the supply of nitric acid in the market was limited, and the availability of goods was relatively tight. The mainstream negotiated average price for 98% concentrated nitric acid ranged between 1,250 and 1,450 yuan per ton, with an increase of 50 yuan per ton. Chempricehub analyzed nitric acid, with a bullish-bearish score: 1. The article reported that on April 2, the supply of nitric acid in the market was limited, and the availability of goods was relatively tight. The mainstream negotiated average price for 98% concentrated nitric acid ranged between 1,250 and 1,450 yuan per ton, with an increase of 50 yuan per ton. Reduced supply led to an imbalance between supply and demand in the spot market, driving up prices, indicating stable or increased short-term demand, which generally supports spot prices. A score of +1 reflects the clear bullish impact of the price increase, but the rise is relatively moderate (approximately 3.6%–4%), not reaching a significant bullish level.