According to the Commodity Market Analysis System of Business Society, as of May 9th, 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 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.

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.

M-phenylenediamine: The price of m-phenylenediamine in China has increased this week. On May 9th, the price of phenylenediamine was 38600 yuan/ton, an increase of 6.73% compared to last week. The demand for dyes, pesticide intermediates, and other products in downstream markets has improved.

The trading volume of resorcinol in the market this week was very low. The cost support is strengthening, and the downstream resin tire industry lacks information guidance, leading to a recovery in the dye and pesticide intermediate markets. It is expected that the market situation for resorcinol will be relatively strong.