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Nitric acid Price Trends
Procurement Resource provides latest prices of Nitric Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Chart Description:
Procurement Resource provides prices of Nitric Acid for several regions around the globe, which are as follows:
- North America
- South America
- Europe
- Asia Pacific
- Middle East
- Africa
About Nitric Acid:
Nitric acid, a pale straw to colourless liquid, is a compound containing the molecules of hydrogen, nitrogen and oxygen. It is strongly corrosive with an irritant odour. It is used in fertiliser and chemical manufacture. It serves as a powerful oxidising agent at higher concentrations.
Chemical Formula:
- HNO3
Synonyms:
- 7697-37-2
- Azotic acid
- Hydrogen nitrate
- Aqua fortis
- Salpetersaeure
Molecular Weight:
- 63.013 g/mol
Industrial Uses:
- Fertilisers
- Oxidising agents
- Textile industry
- Metal nitrates and inorganic nitrate salts
- Various organic intermediates
- Plastics
- Dyes
- explosives
- Metal cleaning
- Woodworking
Production Processes:
- Production of Nitric Acid from Ammonia
In order to produce Nitric Acid from ammonia, a process known as Ostwald’s process is utilised. In this process, high temperature oxidation of anhydrous ammonia is carried out in the presence of platinum or rhodium gauze to produce nitric oxide. The obtained product then reacts with oxygen to give nitrogen dioxide, followed by its reaction with water to finally produce nitric oxide and Nitric Acid.
Procurement Resource also provides the production cost analysis of Nitric Acid.
Supplier Database:
- CF Fertilisers
- The Chemical Company
- Ube Industries, Ltd.
- The Chemours Company
- LSB Industries
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Contact us for any specific request related to Nitric Acid.
Methodology:
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).