March 20th News: On March 20th, the mainstream negotiation price for 98% concentrated nitric acid in the Jiangsu market was mostly referenced at 1,300–1,350 RMB/ton, representing an increase of 50 RMB/ton. Acid plant facilities are operating normally, and actual transaction prices are negotiable. Chempricehub's analysis of nitric acid gives a bullish-bearish score of 1.5. The article reports that the mainstream negotiation price for 98% concentrated nitric acid in the Jiangsu market has increased by 50 RMB/ton to 1,300–1,350 RMB/ton. Acid plant facilities are operating normally, and actual transaction prices are negotiable. The price increase indicates rising market demand or tight supply, which is favorable for spot prices. Stable production at acid plants, coupled with the price hike, suggests positive market sentiment, thus warranting a generally favorable score.