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Many enterprises suspended productionduring the holiday of the Chinese New Yearthat also caused constraints in railtransport.Highways in the north of Chinawere also blocked by serious icing.Logisticswas therefore affected in many areas.Nitric acid producers had to reduce theirex-factory prices in order to eliminate inventorypressure.The mainstream ex-factoryprice of concentrated nitric acid inChina dropped from RMB2 050 per ton atthe beginning of the year to RMB1 500-1550 per ton in March.The price of concentratednitric acid stopped going down
Many enterprises suspended productionduring the holiday of the Chinese New Yearthat also caused constraints in railtransport. Highways in the north of Chinawere also blocked by serious icing. Logistics of therefore affected in many areas.Nitric acid producers had to reduce theirex-factory prices in order to eliminate inventorypressure and the mainstream ex-factory price of concentrated nitric acid inChinese dropped from RMB2 050 per ton atthe beginning of the year to RMB1 500-1550 per ton in March. The price of concentrated nitric acid stopped going down