Price trend

According to the Commodity Market Analysis System of Shengyishe, as of May 23, the average market price of phenylenediamine was 38433 yuan/ton, a decrease of 0.43% compared to last week.

In terms of cost

Pure benzene: The price of pure benzene in China has increased this week. On May 23rd, the price of pure benzene was 8833 yuan/ton, an increase of 1.04% from last week. The domestic supply of pure benzene has decreased, driven by the styrene market, downstream transactions have been more active, and port destocking has accelerated. Short term spot shortages are difficult to change.

Nitric acid: Domestic nitric acid prices have decreased this week. On May 23, the price of nitric acid was 1866 yuan/ton, and on May 16, it was 1913 yuan/ton, a decrease of 2.45% from last week. At present, the supply side of the concentrated nitric acid market is sufficient, and the cost trend has slightly increased. The market mainly sells orders, and the market transaction situation is poor

Recently, the textile market has entered a traditional off-season, and foreign trade orders have also declined. The demand for dyes is not optimistic. The downstream epoxy resin market is in urgent need of follow-up, with limited trading volume. It is expected that the market for meta phenylenediamine will operate steadily with a weak trend.