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On August 5, the Shandong nitric acid market saw increased inventory pressure coupled with slowing demand for 98% concentrated nitric acid.

Published on 2026-08-05

On August 5, in the Shandong nitric acid market, increasing inventory pressure combined with slowing demand pushed the latest ex-works price of 98% concentrated nitric acid to around 1,300–1,400 yuan/ton, down 20 yuan/ton.

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