Price trend

According to the Commodity Market Analysis System of Business Society, as of April 9th, the average market price of phenylenediamine was 36000 yuan/ton. On April 2nd, the average market price of phenylenediamine was 37900 yuan/ton, a 5% decrease from last week.

In terms of cost

Pure benzene: The price of pure benzene in China has slightly increased this week. On April 9th, the price of pure benzene was 8723 yuan/ton, an increase of 1.75% compared to last week. It is expected that there is a high possibility of consolidation in the East China pure benzene market today. Some traders are bearish in the future and actively sell their holdings, resulting in an increase in market commodity volume and weakened buying sentiment.

Nitric acid: The domestic price of nitric acid has slightly decreased this week. On April 9th, the price of nitric acid was 1703 yuan/ton, a 2.69% decrease from last week. Market transactions are average.

In terms of demand

The overall market demand is average, with weak purchasing power from customers for dyes, pesticide intermediates, and other products, and less active downstream trading.

Future Market Forecast

Overall, the shipment situation of meta phenylenediamine is relatively poor, with orders being the main focus. In the later stage, we will focus on market transactions. Expected weak consolidation of meta phenylenediamine prices.