Price trend

According to the Commodity Market Analysis System of Shengyishe, as of April 16th, the average market price of phenylenediamine was 36000 yuan/ton, which is unchanged from last week.

In terms of cost

Pure benzene: The domestic price of pure benzene has slightly decreased this week. On April 16th, the price of pure benzene was 8707 yuan/ton, a decrease of 0.18% from last week. The trading volume in the petroleum benzene market is flat. The holding party is reluctant to sell at a low price, while the demand side continues to be bearish and discusses differences. Most refineries in Shandong have been experiencing continuous poor shipments, and today’s prices continue to decline, with small orders in demand being sold.

Nitric acid: The domestic price of nitric acid has slightly increased this week. On April 16th, the price of nitric acid was 1753 yuan/ton, an increase of 2.93% compared to last week. The quotation for concentrated nitric acid has increased, and currently there are more inquiries in the nitric acid market. Supported by costs, the price of nitric acid has risen, and the market transaction atmosphere is positive.

In terms of demand

There is currently no significant rebound in market demand, and customers with demand for dyes, pesticide intermediates, and other products are in urgent need of purchasing. Downstream trading is not active.

Future Market Forecast

Overall, the shipment of meta phenylenediamine remains stable, mainly based on orders, with a focus on market transactions in the later stage. It is expected that the price of meta phenylenediamine will remain stable.