In Q1 2025, the Technical Grade (>99%) Nitrobenzene, FOB Busan, market in South Korea showed a slight price decrease, reported at USD 971/MT, marking a decline of -1.42%. This was mainly due to slower demand from core industries like automotive, agriculture, and chemicals, which utilize Nitrobenzene in the production of aniline and other derivatives.
The early part of the year witnessed subdued industrial activity, contributing to the softening of prices. Furthermore, an oversupply situation emerged due to abundant production by local manufacturers, which added further downward pressure on the market.Â
In Q1 2025, the Technical Grade (>99%) Nitrobenzene, Ex-Mumbai, market in India further stabilized, with prices recorded at USD 1060.60/MT, showing a 10.10% softening from Q4 2024. The slower start to the year, combined with reduced international demand for Indian dyes and intermediates, led to cautious procurement by manufacturers.
The downstream agrochemical sector also experienced a seasonal lull. Despite stable Benzene availability and low freight pressures, tepid end-user demand and high inventories led to limited upward movement in prices, keeping the market relatively balanced.
According to the PriceWatch, in Q2 2025, Nitrobenzene prices on an FOB Busan basis fell to USD 941.50 per metric ton, reflecting a quarterly decrease of -3.10%. This decline was largely driven by easing raw material costs, particularly Benzene, which saw softer pricing due to reduced Crude Oil values and improved regional supply conditions.
Additionally, downstream demand from the Aniline and MDI sectors remained lukewarm, with buyers adopting a cautious procurement stance amid broader economic uncertainties and slow recovery in end-use industries like construction and automotive.
Export volumes from South Korea remained steady, but competitive pricing from alternative Asian suppliers added downward pressure on market sentiment. As a result, Q2 concluded with a slight dip in prices, shaped by favourable input costs and subdued downstream momentum.Â
According to the PriceWatch market report, Nitrobenzene prices in India increased modestly in Q2 2025, with Ex-Mumbai levels reaching USD 1100.28 per metric ton, reflecting a +2.73% rise from the previous quarter. This upward movement in Nitrobenzene prices was primarily attributed to stronger seasonal demand from the agrochemical sector during the kharif sowing season, which led to higher procurement by downstream manufacturers.
The Nitrobenzene Market also experienced a tightening supply situation due to planned maintenance shutdowns at select production units in western India, while import activity remained limited as elevated freight rates reduced the competitiveness of overseas offers. The Nitrobenzene price Trend remained firm throughout the quarter, supported by stable feedstock Benzene costs and steady domestic production.
According to the Nitrobenzene price Chart, weekly average prices strengthened progressively, reflecting a stable and demand-driven market environment. Overall, the Nitrobenzene Market in Q2 was marked by seasonally aligned demand, controlled supply, and a confident buying sentiment across key industrial regions.Â
In Q3 2025, the global Nitrobenzene market experienced a softening price trend, driven by stable feedstock availability, cautious buyer sentiment, and subdued downstream demand.
Freight conditions remained largely steady, allowing for consistent international trade flows, though procurement activity showed limited momentum across the quarter. Inquiries remained moderate, with many buyers adopting a conservative approach amid comfortable inventory levels and minimal supply disruptions.
Producers maintained competitive FOB offers to sustain market presence, but limited consumption growth capped any significant price recovery. Overall, the Nitrobenzene price trend reflected a bearish outlook, with values declining gradually across most markets due to oversupply concerns and restrained buying interest.
South Korea: Nitrobenzene Export prices FOB Busan, South Korea, Technical Grade (>99%).
In Q3 2025, the Nitrobenzene prices in South Korea under FOB Busan terms registered a noticeable decline amid limited export demand and stable operating rates. Producers managed consistent output supported by steady availability of key feedstocks like Benzene and Nitric Acid, though downstream interest remained subdued across multiple trade destinations.
The export trend was weaker in the first half of the quarter, with recovery seen only toward the end. Offers were competitively placed to sustain market share in key import hubs. The Nitrobenzene price trend in South Korea reflected this soft sentiment, with prices ranging between USD 840–910 per metric ton, showing a 7.19% decline compared to the previous quarter.
In September 2025 Nitrobenzene prices reflecting a 3.44% drop from the previous month. The decline in offered prices resulted from moderate demand within core downstream chemical segments and an abundant supply of Nitrobenzene’s key raw materials such as benzene and concentrated acids.
India: Nitrobenzene Import prices CIF Nhava Sheva, India, Technical Grade (>99%).
According to Price Watch, in Q3 2025, the Nitrobenzene prices in India under CIF Nhava Sheva terms experienced a moderate downward adjustment due to softened freight rates from South Korea and balanced inventory levels. While port logistics remained efficient, the number of inquiries saw only marginal growth throughout the quarter, reflecting a cautiously optimistic market sentiment.
Domestically, buyers adopted a wait-and-watch approach amidst stable feedstock availability, mainly Benzene and Nitric Acid. Suppliers maintained consistent offers under FOB Busan terms, with Indian importers negotiating bulk volumes toward the quarter-end.
The Nitrobenzene price trend in India was slightly negative, with prices assessed between USD 925–970 per metric ton, registering a 2.57% change from the previous quarter. In September 2025 Nitrobenzene prices falling by 1.85%. Price moderation was driven by balanced market activity and steady supply of material from South Korea, with no reported shortages or escalations in spot purchasing.
Singapore: Nitrobenzene Import prices CIF Port of Singapore, Singapore, Technical Grade (>99%).
In Q3 2025, the Nitrobenzene prices in Singapore under CIF Port of Singapore terms observed a modest decline, primarily due to steady freight conditions and weak downstream demand across Southeast Asia. Trade routes from South Korea remained stable, with no significant delays reported. The number of inquiries stayed limited, suggesting buyer hesitation amid adequate stock positions.
Market participants noted that while upstream raw materials like Benzene remained steady, competitive FOB offers from South Korea capped any upward momentum. As a result, the Nitrobenzene price trend in Singapore stayed soft throughout the quarter.
Prices ranged between USD 920–995 per metric ton, reflecting a 6.87% decrease from the previous quarter. In September 2025 Nitrobenzene prices down 3.55%. This pronounced decrease was due to mild correction in export demand from Singapore, stable supply in South Korea, and competitive offers influenced by slight logistical improvements.
USA: Nitrobenzene Import prices CIF Houston, USA, Technical Grade (>99%).
According to PriceWatch, in Q3 2025, Nitrobenzene prices in USA under CIF Houston freight rates for Nitrobenzene imports from South Korea showed stability, but sluggish domestic demand and high inventory levels weighed on price realizations. The number of inquiries from U.S. buyers remained subdued as many adopted a cautious stance, driven by expectations of further price softening.
Supply from South Korea under FOB Busan terms remained active, but aggressive negotiation from buyers limited upside potential. Furthermore, subdued demand for feedstocks like Benzene added to the bearish tone. The Nitrobenzene price trend in the USA remained under pressure, with prices assessed between USD 960–1100 per metric ton, indicating a 5.90% quarter-over-quarter drop.
In September 2025 Nitrobenzene prices decreasing sharply by 4.83%. The price drop reflected active de-stocking by sellers, competitive spot offerings from South Korea, and robust supply in origin and destination markets.
In Q4 2025, global Nitrobenzene prices exhibited downward trends across major trading hubs, with quarterly declines spanning the 5-10% range amid ample refinery benzene feedstocks and cautious aniline downstream demand from MDI, rubber chemicals, and pharmaceuticals.
South Korean FOB Busan led regional softening due to high export inventories, while import destinations like India, Singapore, and USA faced landed cost pressures from Korean cargoes despite steady petrochemical consumption.
Year-end showed mixed movements with mild upticks in Asia offsetting US softness. Stable crude correlations and operational discipline curbed deeper corrections. Forward outlook anticipates Q1 2026 stabilization via controlled output and seasonal restocking.
South Korea: Nitrobenzene Export prices FOB Busan, South Korea, Grade- Technical Grade (>99%)
According to Price-Watchâ„¢, In Q4 2025, Nitrobenzene price in South Korea softened amid regional oversupply and tempered aniline procurement. Nitrobenzene price trend in South Korea recorded an 8.56% decline compared to Q3, with Busan prices ranged between USD 775-830 per metric ton. Export cargoes to India and Singapore sustained volumes despite domestic stock builds.
Nitrobenzene prices in December 2025 rose by 1.90%, driven by selective year-end restocking and refinery optimizations. Benzene feedstock stability supported low costs. MDI producers maintained steady offtake. Port logistics efficiencies aided flows. Producer discipline mitigated excess risks. Regional aniline dynamics position gradual recovery ahead.
India: Nitrobenzene Import prices CIF Nhava Sheva from South Korea, India, Grade- Technical Grade (>99%)
In Q4 2025, Nitrobenzene price in India weakened under steady Korean import arrivals and balanced domestic demand. Nitrobenzene price trend in India declined 5.40% from Q3, with Nhava Sheva prices ranged between USD 840-900 per metric ton. Local aniline makers like Gujarat Alkalies absorbed cargoes consistently. Nitrobenzene prices in December 2025 climbed 2.47%, reflecting restocking momentum and port efficiencies.
Rubber chemical sectors ramped utilization steadily. Benzene parity ensured supply reliability. Currency movements aided importers favorably. Agrochem inquiries provided support. Infrastructure growth boosted end-uses further. Forward balance signals stabilization into Q1 2026.
Singapore: Nitrobenzene Import prices CIF Port of Singapore from South Korea, Singapore, Grade- Technical Grade (>99%)
In Q4 2025, Nitrobenzene price in Singapore faced downward pressure from Korean supplies amid hub transshipment roles. Nitrobenzene price trend in Singapore eased 7.94% versus Q3, with Port of Singapore prices ranged between USD 855-915 per metric ton.
Southeast Asian aniline demand held moderate absorption. Nitrobenzene prices in December 2025 gained 2.18%, via inventory adjustments and selective buying. Storage terminals enhanced flexibility effectively.
Downstream MDI and dyes sectors sustained uptake. Regional logistics optimized reliably. Producer run rates aligned with softer inquiries. Supply chain resilience counters pressures. Balanced positioning persists ahead.
USA: Nitrobenzene Import prices CIF Houston from South Korea, USA, Grade- Technical Grade (>99%)
In Q4 2025, Nitrobenzene price in USA encountered sharp softening through Korean Gulf imports and domestic caution. Nitrobenzene price trend in USA dropped 10.34% over Q3, with Houston prices ranged between USD 885-955 per metric ton. Petrochemical firms sourced amid ample arrivals.
Nitrobenzene prices in December 2025 fell 4.73%, reflecting oversupply dynamics. Aniline for MDI held steady consumption. Port handling improved distributions. Benzene cost alignments stabilized margins. Capacity utilizations tempered aggression. Forward positioning hints at consolidation with recovery emerging steadily.
