Price trend

According to the Commodity Market Analysis System of SunSirs, as of February 22, the average market price of m-phenylenediamine is 36,166 RMB/ton. On February 12, the average market price of m-phenylenediamine was 35,833 RMB/ton, an increase of 0.92% compared to last week.

Analysis review

In terms of cost

Recently, the price of pure benzene has risen, while the price of nitric acid has remained stable and weak, with some support for the cost of m-phenylenediamine.

In terms of demand

The Spring Festival holiday has just ended, and the downstream production rate is not high. The enterprise has not yet fully resumed work, and there is a demand for replenishment after downstream holidays, and the increase in supply is also within a reasonable range.

Market outlook

Overall, after the holiday, the price of pure benzene on the cost side continues to rise, which is beneficial for the price of m-phenylenediamine. It is necessary to continue to pay attention to the trend of cost side prices and downstream market demand after the holiday, and it’s predicted that m-phenylenediamine will be stable and stronger in the later stage.

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