May 8 News — On May 8, the nitric acid market saw limited supply and relatively tight availability. The mainstream negotiation average price of 98% concentrated nitric acid ranged between 1,350–1,450 yuan/ton, up by 50 yuan/ton. According to Chempricehub's assessment of nitric acid, the bullish-bearish score is 1. The current nitric acid market is characterized by limited supply and relatively tight availability, with the mainstream negotiation average price of 98% concentrated nitric acid standing at 1,350–1,450 yuan/ton, an increase of 50 yuan/ton compared to before. The tight supply-demand pattern provides positive support for nitric acid prices.