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Article: Nitric acid price anomalies.(Inorganics)
- Article from:
- China Chemical Reporter
- Article date:
- August 26, 2008
- Author:
CopyrightCOPYRIGHT 2008 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The price of concentrated nitric acid in the domestic market increased drastically like a "well blowout" in April and May this year. The buildup of pressure started two years ago when the concentrated nitric acid market in China was slack. Ups and downs of concentrated nitric acid prices reflect the market for a large group of chemicals that have similar price behavior such as sulfur, sulfuric acid, pure benzene and aniline. What awaits concentrated nitric acid after the drastic price rise? Is it a lasting boom or an all-round bust?
1 Review of the market in the first half of 2008: Serious shortage of resources led to the "well blowout"
In the disastrous ...