March 26th news: On March 26th, the mainstream negotiation price for 98% concentrated nitric acid in the Jiangsu market mostly referenced 1300-1350 yuan/ton, with an increase of 50 yuan/ton. Acid plant facilities are operating normally, and actual transactions are negotiable. Chempricehub analysis of nitric acid, long-short score: 1. The spot price of 98% concentrated nitric acid in the Jiangsu market increased by 50 yuan/ton to 1300-1350 yuan/ton, indicating strong market demand. Although acid plant facilities are operating normally, the price rise suggests a tight supply-demand balance. The score is +1 (generally favorable), as the significant increase reflects growing downstream demand, which is favorable for spot prices, though it is not a major driving factor.
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