May 7th News: On May 7, the supply of nitric acid in the Shandong market was limited, resulting in relatively tight availability. The latest ex-factory price for 98% concentrated nitric acid was around 1450-1550 RMB/ton, an increase of 50 RMB/ton. Chempricehub comments on nitric acid, with a bullish/bearish rating: currently, the limited supply of nitric acid in the Shandong market has led to relatively tight availability. The latest ex-factory price for 98% concentrated nitric acid is 1450-1550 RMB/ton, up by 50 RMB/ton compared to the previous period. The tight supply-demand dynamics provide support for nitric acid prices, constituting a generally positive factor.