Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Important Reminder: Nitric Acid Prices Adjust as Supply Recovers and Demand Weakens
Published on 2026-01-29
January 26th News On January 26, the nitric acid market was influenced by factors such as supply recovery and weakened demand expectations. In the Shandong region, the mainstream transaction price ranged from 1,550 to 1,650 yuan per ton, representing a decline of 50 yuan per ton. The overall market exhibited a corrective trend. Chempricehub Analysis of Nitric Acid Bull-Bear Score: -1.5 The article indicates that the recovery in nitric acid market supply has led to an increase in availability, while weakened demand expectations have reduced procurement. The deterioration in supply-demand dynamics has triggered a decline of 50 yuan per ton in the mainstream transaction price in the Shandong region, now ranging from 1,550 to 1,650 yuan per ton. The overall market correction is evident, exerting significant downward pressure on spot prices. With a price decline of approximately 3% and combined with expectations of continued market weakness, the score is set at -1.5, reflecting short-term pressure on spot prices.