For the Quarter Ending June 2026
Nitro Toluene Prices in North America
- In the USA, the Nitro Toluene Price Index remained stable to slightly lower during the quarter, reflecting balanced supply and measured downstream demand.
- The average Nitro Toluene Price Index reflected comfortable inventories as domestic production and imports adequately met market requirements.
- Nitro Toluene Spot Price softened in June due to sufficient product availability and cautious procurement by industrial consumers.
- Nitro Toluene Price Forecast indicates a stable near-term outlook, supported by balanced market fundamentals and steady downstream consumption.
- Nitro Toluene Production Cost Trend remained relatively stable as feedstock toluene, nitric acid, and utility costs recorded only moderate changes.
- Nitro Toluene Demand Outlook remained steady, driven by demand from dyes, agrochemicals, polyurethane intermediates, rubber chemicals, pigments, and specialty chemical manufacturing.
- The Price Index reflected uninterrupted domestic production, balanced inventories, and stable supply chain conditions throughout the quarter.
- Reliable logistics and adequate warehouse stocks ensured sufficient market availability while limiting significant fluctuations.
Why did the price of Nitro Toluene change in June 2026 in North America?
- Stable domestic production and sufficient inventories maintained balanced supply conditions.
- Moderate feedstock cost movements prevented significant changes in production economics.
- Cautious purchasing by agrochemical, dye intermediate, and specialty chemical manufacturers limited spot market activity and softened overall market sentiment.
Nitro Toluene Prices in APAC
- In Japan, the Nitro Toluene Price Index rose by 46.54% quarter-over-quarter, reflecting firmer import offers.
- The average Nitro Toluene price for the quarter was approximately USD 1845/MT, indicating import-linked parity.
- Nitro Toluene Spot Price volatility reflected importing schedules, hedging and shifting CFR offers in Asia.
- Nitro Toluene Production Cost Trend showed limited pass-through as exporters absorbed modest feedstock cost increases.
- Nitro Toluene Demand Outlook remains cautious with steady contractual buying offsetting weaker opportunistic spot purchases.
- Nitro Toluene Price Forecast suggests limited near-term downside if import arrivals remain steady regionally.
- Nitro Toluene Price Index movements reflected balanced inventories, domestic consumption, and export offer competitiveness regionally.
- Major regional nitration plants operated normally, preventing supply shocks and keeping short term market disruptions unlikely.
Why did the price of Nitro Toluene change in June 2026 in APAC?
- Import offers from China and India firmed, raising costs and prompting sellers to sustain premiums.
- Downstream spot buying weakened as buyers relied on contracts, reducing urgency for incremental import purchases.
- Freight and logistics remained stable while modest feedstock cost changes were absorbed, keeping supply available.
South Korea
- In South Korea, the Nitro Toluene Price Index rose by 23.26% quarter-over-quarter, amid feedstock competition.
- Persistent container surcharges and import logistics lifted the Nitro Toluene Spot Price, constraining merchant discounting.
China
- In China, the Nitro Toluene Price Index rose by 27.71% quarter-over-quarter, driven by tight imports.
- Nitro Toluene Spot Price firmed as cargo liftings tightened availability, sustaining bullish Price Index momentum.
Nitro Toluene Prices in Europe
- In Europe, the Nitro Toluene Price Index remained under slight downward pressure during the quarter, reflecting balanced supply and cautious downstream procurement.
- The average Nitro Toluene Price Index remained stable-to-soft as adequate inventories and consistent regional production maintained sufficient market availability.
- Nitro Toluene Spot Price softened in June as buyers continued need-based purchasing while suppliers maintained comfortable stock levels.
- Nitro Toluene Price Forecast indicates a stable-to-soft near-term outlook, with recovery dependent on stronger demand from dyes, agrochemicals, rubber chemicals, and polyurethane intermediate sectors.
- Nitro Toluene Production Cost Trend remained relatively stable as toluene, nitric acid, and energy costs experienced only moderate fluctuations during the quarter.
- Nitro Toluene Demand Outlook remained steady, supported by consumption from dye intermediates, agricultural chemicals, rubber processing chemicals, polyurethane intermediates, pigments, and specialty chemical applications.
- The Price Index reflected balanced regional supply, uninterrupted plant operations, and sufficient product availability throughout the quarter.
- Stable logistics and comfortable inventories limited market volatility despite cautious purchasing activity from downstream industries.
Why did the price of Nitro Toluene change in June 2026 in Europe?
- Adequate regional production and stable import availability maintained sufficient market supply.
- Stable toluene and nitric acid feedstock costs limited significant increases in manufacturing expenses.
- Moderate demand from dye, agrochemical, and rubber chemical manufacturers reduced spot buying activity, contributing to softer market sentiment.
For the Quarter Ending March 2026
Nitro Toluene Prices in APAC
- In Japan, the Nitro Toluene Price Index fell by 6.0% quarter-over-quarter, reflecting ample imported supply.
- The average Nitro Toluene price for the quarter was approximately USD 1259.00/MT, reflecting inventory stability.
- Nitro Toluene Spot Price firmed late March as Price Index reacted to tighter cargo availability.
- Nitro Toluene Price Forecast suggests near-term firmness driven by geopolitical supply disruptions and restocking needs.
- Nitro Toluene Production Cost Trend faces upward pressure from higher naphtha-linked feedstock and insurance-related freight.
- Nitro Toluene Demand Outlook remains subdued for dyes, with potential seasonal agrochemical restocking supporting volumes.
- Nitro Toluene Price Index gains reflected distributor inventory draws and absorption of available import parcels.
- Domestic producers ran steady, while rerouted shipping and higher premiums altered regional landed cost dynamics.
Why did the price of Nitro Toluene change in March 2026 in APAC?
- Supply constraints from rerouted shipments and regional refinery slowdowns tightened prompt availability, supporting import parity.
- Elevated feedstock and insurance-linked freight costs pushed production and landed costs upward, pressuring ask levels.
- Demand recovery from pigments and polyurethane chains absorbed available tonnage, converting supply into upward momentum.
Nitro Toluene Prices in North America
- In the United States, the Nitro Toluene Price Index moved slightly firmer during Q1 2026, supported by stable industrial demand and balanced supply conditions.
- Nitro Toluene Spot Price discussions strengthened in March as some suppliers tightened prompt availability.
- Nitro Toluene Production Cost Trend remained elevated due to fluctuations in toluene, nitric acid, and utility costs.
- Nitro Toluene Demand Outlook stayed steady from dyes, rubber chemicals, and agrochemical intermediate sectors.
- Nitro Toluene Price Forecast suggests range-bound to firm movement in the near term if feedstock aromatics remain strong.
- Domestic producers maintained regular operating rates, helping prevent severe shortages across regional markets.
- Import flows remained adequate, while buyers largely followed hand-to-mouth procurement strategies.
- Inventory positions stayed balanced, allowing suppliers to maintain disciplined offers.
Why did the price of Nitro Toluene change in March 2026 in North America?
- Firm toluene and nitric acid feedstock costs increased manufacturing expenses.
- Stable downstream demand from dyes, agrochemicals, and specialty chemicals supported procurement activity.
- Balanced inventories and selective supplier offers contributed to firmer March market sentiment.
Nitro Toluene Prices in Europe
- In Germany, the Nitro Toluene Price Index remained mixed but slightly stronger during Q1 2026, reflecting cautious supply conditions and moderate industrial demand.
- Nitro Toluene Spot Price improved in March as regional availability tightened modestly.
- Nitro Toluene Production Cost Trend stayed firm due to higher natural gas, electricity, and nitration feedstock expenses.
- Nitro Toluene Demand Outlook remained stable from pigments, rubber accelerators, and pharmaceutical intermediate applications.
- Nitro Toluene Price Forecast indicates cautious upside potential if energy costs stay elevated and imports remain controlled.
- Regional producers operated steadily, though logistics and compliance costs pressured seller margins.
- Import parity remained supportive, limiting aggressive discounting across domestic markets.
- Buyers maintained routine contract volumes with limited speculative spot purchasing.
Why did the price of Nitro Toluene change in March 2026 in Europe?
- Elevated energy and nitric acid-related costs raised producer cash costs.
- Moderate demand from pigment, rubber chemical, and pharma sectors sustained baseline consumption.
- Slight tightening in spot availability enabled suppliers to defend firmer March offers.
For the Quarter Ending December 2025
APAC
- In Japan, the Nitro Toluene Price Index fell by 19.11% quarter-over-quarter, reflecting sustained surplus supply.
- The average Nitro Toluene price for the quarter was approximately USD 1339.00/MT per CFR Tokyo.
- Nitro Toluene Spot Price weakened as abundant imports from China and India pressured spot offers.
- Nitro Toluene Price Forecast points to mild downside absent demand improvement or unexpected supply disruptions.
- Nitro Toluene Production Cost Trend remained stable as toluene benchmarks and LNG tariffs showed movement.
- Nitro Toluene Demand Outlook stayed muted with textile, pigment and specialty sectors delaying incremental procurement.
- Adequate inventories and steady imports kept the Nitro Toluene Price Index range-bound despite feedstock upticks.
- Domestic units ran near two-thirds capacity, supporting continuous supply flows and constraining any price recovery.
- Freight easing and yen movements marginally reduced landed costs, yet downstream softness limited purchasing activity.
Why did the price of Nitro Toluene change in December 2025 in APAC?
- Ample imports from China and India maintained supply surplus, pressuring prices despite steady domestic run-rates.
- Muted downstream demand from dyes, pigments and coatings reduced buying interest, limiting upward price momentum.
- Stable feedstock and LNG-linked tariffs constrained cost push, while freight easing modestly lowered landed expenses.
North America
- In the USA, the Nitro Toluene Price Index remained under pressure during the quarter ending December 2025, reflecting abundant supply and cautious downstream procurement.
- Nitro Toluene Spot Price softened as domestic production and imports from global suppliers kept spot availability ample.
- The Nitro Toluene Price Forecast points to limited near-term movement, with range-bound conditions expected unless refinery operations or import flows unexpectedly change.
- The Nitro Toluene Production Cost Trend remained stable, supported by steady toluene feedstock costs and predictable energy tariffs.
- The Nitro Toluene Demand Outlook stayed muted, with textile, pigment, and specialty chemical sectors delaying incremental purchases ahead of year-end.
- Adequate inventory levels and continuous production flows maintained Price Index stability despite some minor feedstock fluctuations.
- Producers operated at moderate utilization, while distributors maintained comfortable stocks, limiting urgency-driven spot buying.
- Freight normalization and predictable inland logistics further contained volatility in delivered offers.
Why did the price of Nitro Toluene change in December 2025 in North America?
- Steady domestic output and continuous import flows maintained supply, reducing urgency for spot purchases.
- Muted downstream demand from textile, pigment, and specialty chemical users limited upward pressure on prices.
- Stable feedstock and energy costs constrained production-driven price adjustments, keeping December movement subdued.
Europe
- In Europe, the Nitro Toluene Price Index remained range-bound in Q4 2025, reflecting steady supply and cautious demand from industrial and specialty sectors.
- Nitro Toluene Spot Price softened slightly as regional producers maintained continuous output while imports from Asia added to market availability.
- The Nitro Toluene Price Forecast suggests limited short-term volatility, with significant shifts unlikely unless there are supply disruptions or a surge in downstream consumption.
- The Nitro Toluene Production Cost Trend remained largely stable, with toluene feedstock and energy costs showing minimal fluctuation.
- The Nitro Toluene Demand Outlook stayed muted, with coatings, pigments, and specialty chemical sectors postponing incremental procurement toward year-end.
- Healthy distributor inventories and reliable production flows prevented sharp movements in the Price Index.
- Logistics improvements and normalized transport availability eased delivery concerns, further supporting stable market conditions.
Why did the price of Nitro Toluene change in December 2025 in Europe?
- Continuous regional production and steady import volumes ensured sufficient supply, reducing urgency for spot buying.
- Muted seasonal demand from coatings, pigments, and specialty chemicals limited upward price pressure.
- Stable feedstock and energy costs contained production-driven pricing shifts, keeping December Price Index movement subdued.
For the Quarter Ending September 2025
North America
- In the USA, the Nitro Toluene Price Index declined quarter-over-quarter, influenced by weak downstream demand and steady import availability.
- The average Nitro Toluene price for the quarter reflected reduced industrial activity in dyes and coatings, as converters limited restocking.
- Nitro Toluene Spot Price softened as inventories accumulated across key distribution hubs, curbing short-term buying interest.
- Nitro Toluene Price Forecast points to a potential mild rebound in Q4 2025, contingent on improved coatings and pigment demand.
- Nitro Toluene Production Cost Trend moderated due to lower toluene feedstock values and stable energy prices.
- Nitro Toluene Demand Outlook remained tepid, with limited activity from industrial buyers and constrained export opportunities.
- Price Index movements tracked cautious procurement behavior, with buyers avoiding forward commitments amid uncertain recovery signals.
- Domestic producers maintained steady output levels, preventing tightness but limiting scope for significant price gains.
Why did the price of Nitro Toluene change in September 2025 in North America?
- Lower toluene feedstock prices and moderate demand from coatings and dye industries kept the Nitro Toluene market under pressure.
APAC
- In Japan, the Nitro Toluene Price Index fell by 14.0% quarter-over-quarter, reflecting persistent import oversupply.
- The average Nitro Toluene price for the quarter was approximately USD 1655.33/MT, offering limited support.
- Nitro Toluene Spot Price weakened as steady imports and cautious buying constrained spot upside potential.
- Nitro Toluene Price Forecast suggests limited near-term recovery absent meaningful improvement in downstream demand levels.
- Nitro Toluene Production Cost Trend stayed muted as toluene feedstock eased, constraining cost-driven price support.
- Nitro Toluene Demand Outlook remains weak as textile dye sectors reduced procurement amid high inventories.
- Importers continued negotiating lower offers, and Nitro Toluene Price Index readings tracked progressive weekly markdowns.
- Port inventories stayed ample while domestic plants ran normally, limiting upward pressure on Nitro Toluene.
Why did the price of Nitro Toluene change in September 2025 in APAC?
- High imports from China and India increased supply, overwhelming local consumption and pressuring CIF values.
- Soft downstream demand from dyes, pigments, textile sectors reduced offtake, prompting sellers to cut offers.
- Stable toluene feedstock costs and smooth logistics removed cost-push, allowing import competition to dominate pricing.
Europe
- In Germany, the Nitro Toluene Price Index dropped quarter-over-quarter, reflecting sluggish demand across dyes and intermediates sectors.
- The average Nitro Toluene price during the quarter was influenced by oversupply and lower production margins in downstream applications.
- Nitro Toluene Spot Price eased amid ample inventories and soft export interest from the EU to Asian markets.
- Nitro Toluene Price Forecast remains subdued, as toluene feedstock stability limits cost-led recoveries in the near term.
- Nitro Toluene Production Cost Trend eased modestly, with steady toluene and energy prices keeping manufacturing economics stable.
- Nitro Toluene Demand Outlook weakened slightly, constrained by lower activity in the textile dye, coatings, and pigment industries.
- Market sentiment remained cautious, with traders maintaining flexible offers to stimulate limited end-user interest.
- European logistics operated normally, with minimal supply disruptions helping stabilize distribution and pricing.
Why did the price of Nitro Toluene change in September 2025 in Europe?
- Weak downstream consumption and consistent toluene feedstock prices led to subdued pricing momentum across European markets.
