Price trend

According to the Commodity Market Analysis System of SunSirs, as of March 6th, the average market price of phenylenediamine was 36,166 RMB/ton, which WAs unchanged from last week.

In terms of cost

Recently, pure benzene has been experiencing consecutive days of poor shipments and a decrease in price.

The nitric acid market is mostly dominated by inquiries after the holiday, with prices continuing to decline and insufficient support for phenylenediamine in the cost side.

In terms of demand

The downstream operating rate had increased, and after the holiday, industry insiders resumed work and replenished goods as needed. The demand for customers to purchase dyes, pesticide intermediates, and other products had not significantly improved.

Market outlook

Overall, upstream pure benzene saw weak consolidation and nitric acid prices continued to decline. Downstream urgently replenished, industry insiders were mostly wait-and-see, market transactions ere weak, and the meta phenylenediamine in the later stage was mainly stable.

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