Price trend

According to the Commodity Market Analysis System of Shengyishe, as of March 20th, the average market price of phenylenediamine was 37166.67 yuan/ton, which remained unchanged from last week.

In terms of cost

Pure benzene: The price of pure benzene in China has slightly increased this week. On March 20th, the price of pure benzene was 8573.17 yuan/ton, an increase of 0.96% from last week and 17.77% from the same period last year. Negotiations in the East China market have declined, with few spot transactions. On the market, there were mixed ups and downs, and downstream inventory was sufficient, creating a wait-and-see atmosphere.

Nitric acid: The domestic price of nitric acid has slightly decreased this week. On March 20th, the price of nitric acid was 1790 yuan/ton, and on March 13th, it was 1833 yuan/ton, a decrease of 2.32% from last week and 26.78% from the same period last year. At present, the market continues to be weak, and manufacturers are shipping according to the market.

Downstream aspect

This week, resorcinol has been running smoothly and there has been no improvement in demand. The downstream market for dyes and pharmaceutical intermediates is slightly calm.

Overall, some domestic meta phenylenediamine units have been shut down for renovation, resulting in tight market supply and weak demand for downstream dyes, pesticide intermediates, and other products. Expected stable consolidation of meta phenylenediamine.