According to the Commodity Market Analysis System of Business Society, the average price of nitric acid on January 8th this week was 2166 yuan/ton, and on January 12th it was 2200 yuan/ton, with a price drop of 0.77%.

The price of concentrated nitric acid has fallen, and domestic acid market transactions have been weak. Adequate supply has led to a weak decline in acid prices. Sales are mainly based on orders, and the market lacks positive news support. The focus is on market transactions.

During the period of 1.8-1.12, upstream liquid ammonia decreased by 18.55%. Downstream aniline increased by 1.3%, potassium nitrate prices decreased by 2.74%, and TDI prices increased by 1.81%. Market transactions fell short of expectations, and customers in demand for dyes, pesticide intermediates, and other products had weak purchasing power. Nitric acid analysts from Business Society predict that nitric acid prices may mainly fluctuate weakly.