Dilute Nitric Acid Prices In India (Business Opportunities - Marketing & Sales)

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Dilute Nitric Acid Prices In India


Dilute nitric acid prices in Mumbai have changed according to recent information from Indian Petrochem sources. The prices have been rising since the 10th of January 2024 owing to low product supply, and this trend is projected to continue, pushing costs high in the near future. Domestic prices in Mumbai rose by Rs.2/kg on February 09, 2024, to Rs.50/kg. Despite the recent increase, industry analysts predict that dilute nitric acid prices will remain stable for the foreseeable future. Dilute Nitric acid is used in the production of ammonium nitrate and calcium ammonium nitrate which find applications as fertilizers. Ammonium nitrate is also used in the manufacturing of urea ammonium nitrate (UAN) used in fertilizer formulations and also as explosives. ammonia, oxygen, and water are the raw materials of nitric acid manufacturing.

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Last Update : Feb 12, 2024 6:38 AM
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Item  Owner  : Indianpetrochem
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