Price trend

According to the Commodity Market Analysis System of Business Society, as of May 9th, the average market price of phenylenediamine was 38600 yuan/ton. On May 1st, the average market price of phenylenediamine was 36166 yuan/ton, an increase of 6.73% compared to last week.

In terms of cost

Pure benzene: The price of pure benzene in China has slightly increased this week. On May 9th, the price of pure benzene was 8758 yuan/ton, an increase of 0.98% compared to last week. The transaction of pure benzene is still acceptable, and there is sufficient supply on the market. Pure benzene may continue to rise in the short term.

Nitric acid: The domestic price of nitric acid has slightly increased this week. On May 9th, the price of nitric acid was 1876 yuan/ton, and on May 2nd, it was 1856 yuan/ton, an increase of 1.08% compared to last week. At present, the market atmosphere is active, and downstream demand continues to improve.

Overall, the cost side has shown strong performance, with improved demand for dyes, pesticide intermediates, and other products in downstream markets. The market has been affected by many positive factors and is operating strongly. It is expected that the market for meta phenylenediamine will show a strong trend.