Supply and demand stalemate, resorcinol market maintains stability

According to the Commodity Market Analysis System of Business Society, as of April 10th, the average market price of resorcinol was 44750 yuan/ton.

 

Pure benzene: The price of pure benzene in China has slightly increased this week. On April 10th, the price of pure benzene was 8720 yuan/ton, an increase of 1.69% compared to last week. Some traders are bearish in the future and actively sell their holdings, resulting in an increase in market commodity volume and average transactions.

 

Nitric acid: The domestic price of nitric acid has slightly decreased this week. On April 10th, the price of nitric acid was 1693 yuan/ton, a decrease of 2.3% compared to last week. Market transactions are average.

 

M-phenylenediamine: The domestic price of m-phenylenediamine has slightly decreased this week. On April 10th, the price of phenylenediamine was 3600 yuan/ton, a 5% decrease from last week. The purchasing power of downstream customers for dyes, pesticide intermediates, and other products is not strong, and downstream trading is not active.

 

This week, the trading atmosphere in the resorcinol market was light, with downstream tire industry construction remaining stable, and insufficient buying in the dye and pesticide intermediate markets. It is expected that the market for resorcinol will maintain stable operation.

http://www.polyglutamicacid.com

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