March 27th — On March 27th, the nitric acid market experienced limited supply with relatively tight availability. The mainstream negotiated average price for 98% concentrated nitric acid ranged between 1,250 and 1,450 yuan per ton, marking an increase of 50 yuan per ton. Chempricehub's analysis of nitric acid assigns a bullish-bearish score of +1. The report highlights that the nitric acid market is facing constrained supply and relatively scarce availability, with the mainstream negotiated average price for 98% concentrated nitric acid rising by 50 yuan per ton to 1,250–1,450 yuan per ton. Reduced supply has driven up spot prices, reflecting a tight supply-demand balance and benefiting the spot market. The bullish-bearish score of +1 indicates a generally positive outlook, as the price increase is moderate (approximately 4%), but the supply shortage may continue to support upward price momentum.