According to the Commodity Market Analysis System of Business Society, the average price of nitric acid on March 18th this week was 1800 yuan/ton, and on March 21st it was 1776 yuan/ton, a decrease of 1.30% in price.

The quotation for concentrated nitric acid is weak, and the current transaction volume in the nitric acid market is still lower than expected. Manufacturers mainly sell orders, and the market situation is weak without positive support. The focus is on the market transaction situation.

During the period of 3.18-3.21, the upstream liquid ammonia price increased by 10.31%, the downstream aniline price increased by 1.78%, the potassium nitrate price decreased by 0.49%, and the TDI price decreased by 1.19%. Downstream demand for dyes, pesticide intermediates, and other products is weak. Although there is support for upstream liquid ammonia prices, downstream demand is weak. Nitric acid analysts from Business Society predict that nitric acid prices may mainly fluctuate weakly.