April 21st — On April 21st, 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 RMB per ton, representing an increase of 50 RMB per ton. Chempricehub's analysis of nitric acid assigns a bullish-bearish score of 1. The article points out that the limited supply and relatively tight availability in the nitric acid market have led to a 50 RMB per ton increase in the mainstream negotiated average price for 98% concentrated nitric acid. The reduction in supply has directly driven up spot prices, reflecting strong support from the demand side, which is favorable for the spot market. Overall, the rating is moderately bullish, as the price increase is specific but does not involve any major unexpected events, indicating a moderate level of positive impact.