According to the monitoring of SunSirs, the average price of nitric acid was 2316 RMB/ton on March 28 and 2216 RMB/ton on March 1. Nitric acid increased by 4.15% in March. On March 28, Ningxia Runxia energy and Chemical Co., Ltd. produced 150000 concentrated acids and 98 concentrated nitric acid per year. The factory quotation was 2350 RMB/ton. It was difficult to ship nitric acid, and there was less construction in the downstream. Anhui Jinhe Industrial Co., Ltd., the factory quotation of concentrated nitric acid is 2400 RMB/ton, and the shipment of nitric acid is good. Shaanxi Xinghua Chemical Co., Ltd., the concentrated nitric acid plant is started up, the quotation of concentrated nitric acid is 2200 RMB/ton, and the delivery of nitric acid is acceptable.

In March, the market of liquid ammonia in the upstream of nitric acid rose by 10.4%. Downstream aniline rose 0.26%, TDI rose 3.81%, potassium nitrate rose 11.9% and ammonium nitrate fell 0.46%.

The price rise of raw liquid ammonia is supported, and the price of nitric acid is expected to rise.

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