Demand has not rebounded yet, and the market atmosphere for resorcinol is stable

According to the Commodity Market Analysis System of Business Society, as of April 17th, the average market price of resorcinol was 44750 yuan/ton. The price remains unchanged from last week.

 

Pure benzene: The price of pure benzene in China has slightly decreased this week. On April 17th, the price of pure benzene was 8707 yuan/ton, a decrease of 0.15% from last week. The trading volume in the petroleum benzene market is flat, and holders are reluctant to sell at a low level. Demand side continues to be bearish, leading to differences in negotiations. Today, some manufacturers have raised their prices, and the price of pure benzene has stabilized at a high level.

 

Nitric acid: The domestic price of nitric acid has increased this week. On April 17th, the price of nitric acid was 1693 yuan/ton, an increase of 3.54% compared to last week. The rise in upstream liquid ammonia prices supports the rise in nitric acid prices.

 

M-phenylenediamine: The domestic price of m-phenylenediamine remained stable this week. On April 17th, the price of phenylenediamine remained unchanged at 3600 yuan/ton compared to last week.

 

The purchasing intensity of resorcinol on the demand side is average this week. Downstream tire production is temporarily stable, maintaining essential support. There has been no significant increase in demand for dyes, pesticide intermediates, and other products. It is expected that the market for resorcinol will remain stable temporarily, with a focus on maintaining essential demand.

http://www.polyvinylalcohols.com

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