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Chempricehub Alert: Price Decline of Concentrated Nitric Acid Driven by Weak Demand
Published on 2026-02-13
February 13th News On February 13th, influenced by pre-holiday market sentiment and weak downstream demand, coupled with fluctuations in the price of raw material liquid ammonia, the price of concentrated nitric acid continued to decline. The mainstream transaction price in the Shandong region was 1,550–1,650 yuan/ton, representing a decrease of 50 yuan/ton. Chempricehub Analysis of Nitric Acid: Bull-Bear Score: -1 The article points out that, affected by pre-holiday market sentiment and weak downstream demand, along with fluctuations in the price of raw material liquid ammonia, the price of concentrated nitric acid continued to decline, with the mainstream transaction price in the Shandong region dropping by 50 yuan/ton. This reflects the pressure of short-term oversupply and insufficient demand in the spot market, while fluctuations in raw material costs further increase uncertainty. Therefore, this generally exerts bearish pressure on the spot price of nitric acid, and prices are expected to remain under pressure in the short term.