May 15 News – On May 15, the supply of nitric acid in the Shandong market was limited, with relatively tight availability. The latest ex-works quotation for 98% concentrated nitric acid stood at approximately 1,450–1,550 yuan/ton, up by 50 yuan/ton. According to Chempricehub's assessment of nitric acid, the long-short score on May 15 indicated limited supply and tight availability in the Shandong nitric acid market. Ex-works prices for 98% concentrated nitric acid were raised by 50 yuan/ton to 1,450–1,550 yuan/ton. Spot fundamentals remained strong, providing positive support for prices.
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