Home
Chemical Prices
Nitro Toluene

Nitro Toluene Price Trend and Forecast

Get Real Time Prices

Nitro Toluene Price Trend and Forecast

Get Real Time Prices

Market Overview

For the Quarter Ending March 2022

North America

Nitro Toluene prices in the USA showcased an upward trajectory during the first quarter of 2022. Rise in upstream crude values influenced the raw materials Toluene, Nitric Acid, and Sulphuric Acid, which resulted in the positive support of Nitro Toluene values. US sanctions on Russia’s s crude oil import in the aftermath of the Russia-Ukraine conflict had a severe effect on the prices of Nitrotoluene. Skyrocketing freight charges due to the rise in fuel prices was another factor for the price hike. As a result, the price of Nitrotoluene in the USA settled approximately at USD 2573 per MT in March.

Asia Pacific

During the first quarter of 2022, Nitro Toluene prices rose in India owing to the high demand from the domestic market. Limited supply from China due to the rising COVID cases prompted buyers to seek supply from other countries, resulting in the price rise of Nitro Toluene in India. Furthermore, the soaring freight charges and container shortage have added fuel to the scenario. Escalated tension between Russia and Ukraine due to the conflict led to a steep rise in the upstream crude and feedstock Toluene values which further inflicted the Nitro Toluene market trend. Thus, prices of Nitro Toluene in India were assessed to be approximately USD 2605 per MT Ex- Vadodara in March.

Europe

In the first quarter of 2022, Nitro Toluene prices rose upward as the feedstock Toluene prices increased in Q1. Taking pressure from global crude oil values in the aftermath of the Russia-Ukraine war made significant players battle with the price revisions to protect their profit margin. However, reduced supply during the COVID resurgence in Germany has also resulted in the uptrend in the Nitro Toluene prices. Soaring demand from the regional and international market further showed positive support for the Nitro Toluene values. As a result, prices of Nitro Toluene in Germany approximately settled at USD 2905 per MT in March.

Nitrotoluene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of Chemanalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Nitro Toluene is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Nitro Toluene market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Nitro Toluene manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Nitro Toluene market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behaviour of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Nitro Toluene market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Nitro Toluene are analysed and region-wise demand pattern is tracked.

About

Nitro Toluene is an organic compound produced by the nitration of Toluene along with Nitric and Sulphuric acid. After nitration, the resulting products obtained with Nitro Toluene are para–Nitro Toluene, ortho-Nitro Toluene, and meta-Nitro Toluene. It is insoluble in water and produces certain toxic substances when burnt. Around 60% of p-Nitrotoluene has a major demand from the global market. It is primarily used to produce azo dyes, pigments, agrochemicals, and rubber chemicals. The rising demand for green chemicals for dyes drives the Nitro Toluene market. The Asia-Pacific region dominates the Nitro Toluene market in the global market due to the growing demand for construction, which has enormous applications for paints and coatings.

Product Specific Details

CAS No:	99-99-0
HS Code:	290420
Grade:	Ortho, Para
Contract Size:	50-100 MT
Packaging Type:	Tanker Load

Get real-time pricing intelligence for different chemical products traded worldwide under mentioned Incoterms:

Incoterms: FOB/CFR/CIF/Ex-Works/ Ex-Location

. United States of America (USA)

. China

. Germany

. India

. United Kingdom (UK)

. Russia

. Japan

. South Korea

. Saudi Arabia

. United Arab Emirates (UAE)

. Taiwan

. Singapore

. Turkey

. Brazil

. South Africa

Track real-time price movement of 300+ chemical and petrochemical products for informed purchase decisions

Nitro Toluene Price Trend and Forecast

Our Clients