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Ortho Nitro Toluene (ont) Price Trend and Forecast

UNSPC code: 12352100
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

ortho nitro toluene (ont) Price Trends by Country

inIndia
jpJapan
deGermany
krSouth Korea

Global ortho nitro toluene (ont) Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Ortho Nitro Toluene across top trading regions:

Ortho Nitro Toluene Regional Coverage Ortho Nitro Toluene Grade and Country Coverage Ortho Nitro Toluene Pricing Data Coverage Explanation
Asia-Pacific Ortho Nitro Toluene Pricing Analysis Ortho Nitro Toluene Industrial Grade (99%) FOB Prices at Nhava Sheva Port, India Weekly Price Update on Ortho Nitro Toluene Real-Time Export Prices from Nhava Sheva Port, India to Global Markets
  Ortho Nitro Toluene Industrial Grade (99%) CIF Prices at Busan Port, South Korea Importing from India Weekly Price Update on Ortho Nitro Toluene Real-Time Import Prices at Busan Port, South Korea from India
  Ortho Nitro Toluene Industrial Grade (99%) CIF Prices at Niigata Port, Japan Importing from India Weekly Price Update on Ortho Nitro Toluene Real-Time Import Prices at Niigata Port, Japan from India
Europe Ortho Nitro Toluene Pricing Analysis Ortho Nitro Toluene Industrial Grade (99%) CIF Prices at Hamburg Port, Germany Importing from India Weekly Price Update on Ortho Nitro Toluene Real-Time Import Prices at Hamburg Port, Germany from India

Ortho Nitro Toluene Price Forecasts & Market Foresight Q3 2026

Outlook: Bearish to Strongly Bearish

Confidence: High

Ortho Nitro Toluene prices are expected to trend bearish to strongly bearish globally during Q3 2026, pressured by lower toluene feedstock costs, adequate product availability, and cautious demand from dye intermediates, pigments, and agrochemical manufacturers. Asia is likely to witness the steepest correction due to competitive regional supplies, while Europe may remain under pressure from comfortable inventories. Other global markets are expected to record comparatively moderate declines as balanced fundamentals limit sharper price falls.

Global Ortho Nitro Toluene Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
India Industrial Grade (99%) FOB Nhava Sheva Bearish to Strongly Bearish
Germany Industrial Grade (99%) CIF Hamburg (India) Bearish to Strongly Bearish
South Korea Industrial Grade (99%) CIF Busan (India) Bearish to Strongly Bearish
Japan Industrial Grade (99%) CIF Niigata (India) Bearish to Strongly Bearish

*Ortho Nitro Toluene Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Ortho Nitro Toluene Forecast

Access comprehensive Ortho Nitro Toluene market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore the Complete Price Watch™ Ortho-Nitrotoluene (ONT) Forecast

Access comprehensive Ortho-Nitrotoluene (ONT) market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Ortho-Nitrotoluene (ONT) Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in toluene and nitric acid feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, downstream demand from dyes, pigments, agrochemicals, rubber chemicals, and pharmaceutical intermediates, along with geopolitical developments affecting the global Ortho-Nitrotoluene (ONT) market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

Track Supply Chain Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Ortho-Nitrotoluene (ONT) markets.

Access the Price Watch™ GIO Tracker

Ortho Nitro Toluene Price Trend Q2 2026

In Q2 2026, Ortho Nitro Toluene prices moved higher across all monitored markets as elevated toluene feedstock costs, tied to the USA-Israel vs Iran conflict, pushed up petrochemical supply chain costs.

India recorded the steepest quarterly gain as the primary producing origin, while Germany, Japan, and South Korea posted more contained increases tracking Indian FOB movements. June 2026 brought a broad correction across every monitored market as buyers moderated procurement after the run up.

The Ortho Nitro Toluene Price Chart reflected this steady feedstock cost transmission into finished product pricing. The Ortho Nitro Toluene Price Index stayed supported by steady demand from dye intermediate, agrochemical, and pharmaceutical buyers across all regions.

India: Ortho Nitro Toluene Export prices FOB Nhava Sheva, India, Grade-Industrial grade (99%)

The Ortho Nitro Toluene Price Trend in India rose in Q2 2026, up by around 12.16%. The USA-Israel vs Iran conflict severely elevated toluene feedstock costs, tightening domestic production economics. FOB Nhava Sheva export valuations climbed steadily through the quarter as a result.

The Ortho Nitro Toluene Price in India stayed elevated on firm demand from dye intermediate and agrochemical buyers. In June 2026, Ortho Nitro Toluene Prices in India corrected, falling by around 3.74%, as buyers moderated procurement during the month.

Germany: Ortho Nitro Toluene Imported prices CIF Hamburg from India, Germany, Grade-Industrial grade (99%)

The Ortho Nitro Toluene Price Trend in Germany rose in Q2 2026, up by around 9.85%, as surging Indian FOB prices passed through into import valuations. The USA-Israel vs Iran conflict lifted toluene feedstock costs at origin, driving the increase.

CIF Hamburg valuations climbed steadily through the quarter as a result. The Ortho Nitro Toluene Price in Germany stayed elevated as dye intermediate and pharmaceutical buyers absorbed higher costs. In June 2026, Ortho Nitro Toluene Prices in Germany corrected, falling by around 4.78%, as the Indian origin correction transmitted into import valuations during the month.

South Korea: Ortho Nitro Toluene Imported prices CIF Busan from India, South Korea, Grade-Industrial grade (99%)

The Ortho Nitro Toluene Price Trend in South Korea rose in Q2 2026, up by around 8.15%, as firming Indian FOB prices passed through into import valuations. Toluene feedstock cost pressures, tied to geopolitical supply disruptions, drove the increase.

CIF Busan valuations climbed steadily through the quarter as a result. The Ortho Nitro Toluene Price in South Korea stayed supported on steady demand from chemical and dye intermediate buyers. In June 2026, Ortho Nitro Toluene Prices in South Korea corrected, falling by around 3.53%, as the Indian origin correction transmitted into import valuations during the month.

Japan: Ortho Nitro Toluene Imported prices CIF Niigata from India, Japan, Grade-Industrial grade (99%)

The Ortho Nitro Toluene Price Trend in Japan rose in Q2 2026, up by around 8.25%, as firming Indian FOB prices passed through into import valuations. Toluene feedstock cost pressures, tied to the USA-Israel vs Iran conflict, drove the increase.

CIF Niigata valuations climbed steadily through the quarter as a result. The Ortho Nitro Toluene Price in Japan stayed supported on steady demand from agrochemical and pharmaceutical buyers. In June 2026, Ortho Nitro Toluene Prices in Japan corrected, falling by around 3.35%, as the Indian origin correction transmitted into import valuations during the month.

Ortho Nitro Toluene (ONT) Price Trend Analysis: Q1 2026

Ortho Nitro Toluene Price Trend Q1 2026

During Q1 2026, Ortho Nitro Toluene (ONT) prices across all monitored markets have exhibited a broadly stable ortho nitro toluene price trend on a quarterly basis, with India posting a modest appreciation while Germany, South Korea, and Japan have remained near-flat or marginally negative.

The contained quarterly movement has reflected broadly balanced supply and demand conditions alongside the moderating influence of stable toluene feedstock availability during the early part of the quarter.

However, all monitored markets have recorded meaningful monthly recoveries in March, driven by the progressive transmission of toluene feedstock cost escalation linked to geopolitical uncertainties surrounding the USA-Israel vs Iran conflict.

The ortho nitro toluene price trend across all monitored regions has reflected the lagged but increasingly visible influence of upstream feedstock cost pressures toward the end of the quarter.

India: Ortho Nitro Toluene Export prices FOB Nhava Sheva, India, Grade-Industrial grade (99%)

According to Price-Watch™, in Q1 2026, Ortho Nitro Toluene price in India has recorded a modest increase of approximately 2.75%, driven by gradually firming toluene feedstock costs and steady downstream demand from dye intermediate, agrochemical, and pharmaceutical sectors which have sustained export procurement activity throughout the quarter.

The ortho nitro toluene price trend in India has reflected measured upward price movement as geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have introduced incremental cost pressures across the toluene nitration feedstock chain, supporting firmer FOB Nhava Sheva export pricing.

Ortho Nitro Toluene prices in India have remained supported as export-oriented producers have maintained disciplined pricing amid rising upstream costs and consistent international procurement activity.

In March 2026, Ortho Nitro Toluene price in India has risen sharply by around 12.17%, as intensifying toluene feedstock cost escalation driven by geopolitical supply chain disruptions drove a pronounced acceleration in FOB Nhava Sheva export pricing during the month.

Germany: Ortho Nitro Toluene Imported prices CIF Hamburg from India, Germany, Grade-Industrial grade (99%)

In Q1 2026, Ortho Nitro Toluene price in Germany has remained near-flat with a marginal increase of approximately 0.16%, as broadly stable Indian FOB pricing during the early part of the quarter has contained the transmission of upstream cost pressures into CIF Hamburg import valuations.

The ortho nitro toluene price trend in Germany has reflected a broadly balanced import market where steady downstream demand from dye, agrochemical, and rubber chemical sectors has been met by consistent Indian supply flows without notable tightening during the period.

Ortho Nitro Toluene prices in Germany have remained largely stable as buyers have maintained regular procurement patterns under predictable supply conditions throughout the quarter.

In March 2026, Ortho Nitro Toluene price in Germany has risen by around 11.10%, as firming Indian FOB prices driven by toluene feedstock cost escalation linked to geopolitical uncertainties transmitted into German import market valuations during the month.

South Korea: Ortho Nitro Toluene Imported prices CIF Busan from India, South Korea, Grade-Industrial grade (99%)

In Q1 2026, Ortho Nitro Toluene price in South Korea has remained broadly flat with a marginal increase of approximately 0.14%, reflecting the near-stable passthrough of Indian FOB pricing into CIF Busan import valuations during a quarter characterized by broadly balanced supply and demand conditions.

The ortho nitro toluene price trend in South Korea has reflected a stable procurement environment where consistent Indian supply flows have met steady downstream demand from dye intermediate and agrochemical manufacturing sectors without notable supply tightening or cost escalation during the period.

Ortho Nitro Toluene prices in South Korea have shown minimal volatility as buyers have maintained regular purchasing patterns throughout the quarter.

In March 2026, Ortho Nitro Toluene price in South Korea has risen by around 9.98%, as firming Indian FOB prices driven by toluene feedstock cost pressures linked to geopolitical uncertainties transmitted into South Korean CIF Busan import valuations during the month.

Japan: Ortho Nitro Toluene Imported prices CIF Niigata from India, Japan, Grade-Industrial grade (99%)

In Q1 2026, Ortho Nitro Toluene price in Japan has recorded a marginal decline of approximately 0.24%, as broadly stable to slightly softening Indian FOB pricing during the early part of the quarter has resulted in a modest reduction in CIF Niigata import valuations.

The ortho nitro toluene price trend in Japan has reflected a broadly balanced import market where adequate supply flows from India have met steady downstream demand from dye, pharmaceutical, and agrochemical sectors without notable supply tightening during the period.

Ortho Nitro Toluene prices in Japan have remained largely stable as buyers have maintained regular procurement patterns under predictable supply and freight conditions throughout the quarter.

In March 2026, Ortho Nitro Toluene price in Japan has risen by around 9.94%, as firming Indian FOB prices driven by toluene feedstock cost escalation linked to geopolitical uncertainties surrounding the USA-Israel vs Iran conflict transmitted into Japanese CIF Niigata import valuations during the month.

Ortho Nitro Toluene (ONT) Price Trend Analysis 2025

Ortho Nitro Toluene Price Trend Q1 2025

At the onset of Q1 2025, the market experienced a more pronounced decline. Prices of ONT Industrial Grade (99%) CIF Hamburg came down to USD 1592/MT, down –8.06% from the previous quarter. Weak demand from key sectors like dyes and agrochemicals has remained a major factor.

Some buyers held back on new orders due to high inventories and uncertain market signals. At the same time, increased availability of cheaper imports in Europe put additional pressure on local prices. Despite the decline, Germany’s manufacturing capacity remained stable, ensuring uninterrupted supply to both domestic and regional markets. 

In Q1 2025, the ONT market experienced a drastic price fall. Prices of Industrial Grade (99%) FOB Nhava Sheva dropped to USD 1492.12 per metric ton, a precipitous –13.02% drop from Q4 2024. This was because demand from all key downstream industries, especially agrochemicals and dyes, was weak during this period when the market entered a lean phase.

Import volume rose, and some domestic producers discounted to dispose of old stocks, putting additional pressure. Market sentiment remained subdued, with ongoing production leading to a supply-demand mismatch that significantly impacted prices. 

Ortho Nitro Toluene Price Trend Q2 2025

According to the PriceWatch, In Q2 2025, Ortho Nitro Toluene prices averaged USD 1519.58 per metric ton on a CIF Hamburg basis. This marked a quarterly decline of -4.55% as demand from European dye intermediates and agrochemical manufacturers remained slow.

The ONT price trend weakened under pressure from high inventory levels and cautious offtake from German importers. Ample availability from India, paired with steady production, led to increased supply in Northwest Europe.

Margins remained compressed as sellers faced stiff competition from domestic and overseas sources. Input costs were mostly stable, with upstream toluene showing minimal fluctuation during the quarter.

Freight rates on India–Europe routes remained steady, contributing little to cost relief. The ONT price chart reflected a gradual softening, with no major recovery phases observed. Overall, the Ortho Nitro Toluene market in Europe stayed moderately bearish due to oversupply and thin consumption growth. 

According to the PriceWatch, In Q2 2025, Ortho Nitro Toluene prices in India averaged USD 1437.30 per metric ton FOB Nhava Sheva. This represented a decline of -4.48% compared to the previous quarter. The ONT market faced slower offtake from downstream dyes, pigments, and pharmaceutical applications, especially during the early part of the quarter.

Despite reduced demand, plant operating rates remained steady, leading to oversupply in the domestic market. The ONT price trend slipped as buying interest stayed subdued, especially from bulk end-users. Input material Toluene remained rangebound, providing little room for upward cost pressure.

Seasonal slowdown and pre-monsoon stock adjustments further dampened sentiment. The ONT price chart for Q2 depicted a stable but downward-sloping trajectory. Overall, the Indian ONT market in Q2 remained under pressure from abundant supply and cautious buying. 

Ortho Nitro Toluene Price Trend Q3 2025

In Q3 2025, the global Ortho Nitro Toluene (ONT) market showed uneven performance across regions. Western markets such as Germany showed moderate price declines due to weak demand from agrochemical and pharmaceutical intermediates sectors amid cautious procurement and soft industrial activity. European regions were comparatively stable with slight downward pressure, as higher freight costs were offset by subdued consumption.

Nevertheless, Asia-Pacific markets experienced notable weakness with prices falling in South Korea and Japan on account of elevated logistics expenses and reduced demand from dye and pigment manufacturers, despite reliable supply from Indian exporters.

In general, the market remained reasonably balanced underpinned by stable industrial activity, stable feedstock supply, and moderate freight conditions. Regional supply chain fundamentals and disparate downstream consumption trends continued to drive pricing during the quarter.

India: Ortho Nitro Toluene (ONT) Export Price from India, Industrial Grade (99%) FOB Nhava Sheva.

In Q3 2025, Ortho Nitro Toluene (ONT) price in India has declined slightly, reflecting balanced supply and moderate global demand from downstream agrochemical and dye intermediate sectors. FOB Nhava Sheva prices ranged between USD 1,360–1,410 per metric ton, marking a quarterly decrease of 2.00%. In September 2025, Ortho Nitro Toluene (ONT) prices in India have eased by 0.57% from the previous month, indicating continued softening amid stable domestic production.

According to PriceWatch, the Ortho Nitro Toluene price trend in India has been influenced by consistent output from Gujarat-based chemical clusters, slightly softened feedstock Toluene and Nitric Acid costs, and competitive pricing strategies by suppliers securing long-term contracts in Europe and Asia. Market sentiment has remained neutral, supported by steady offtake, while overall price resilience continues to depend on global demand recovery.

Germany: Ortho Nitro Toluene (ONT) Import Price in Germany from India, Industrial Grade (99%) CIF Hamburg (India).

During Q3 2025, Ortho Nitro Toluene (ONT) price in Germany has declined moderately, reflecting weak demand from agrochemical and pharmaceutical intermediates sectors. CIF Hamburg prices ranged between USD 1,400–1,600 per metric ton, marking a quarterly decrease of 2.67%. Freight costs to Hamburg rose moderately due to sustained demand for Indian specialty chemical exports, adding upward pressure to overall expenses.

In September 2025, Ortho Nitro Toluene (ONT) prices in Germany have increased by 0.67% from the previous month, signalling minor recovery amid steady supply from Indian exporters. The Ortho Nitro Toluene price trend in Germany has been shaped by consistent quality and reliable supply from India, selective procurement by German buyers, and soft industrial activity. Overall, market conditions have remained balanced, with moderate price pressure persisting.

South Korea: ONT Import Price in South Korea from India, Industrial Grade (99%) CIF Busan (India).

During Q3 2025, Ortho Nitro Toluene (ONT) price in South Korea has shown notable weakness, reflecting subdued demand from downstream dye and pigment manufacturers. CIF Busan prices ranged between USD 1,420–1,550 per metric ton, reflecting a quarterly decline of 3.03%. Freight costs to Busan rose significantly due to strong demand for Indian chemical shipments and Northeast Asian port bottlenecks, increasing overall expenses.

According to Price-Watch, in September 2025, Ortho Nitro Toluene (ONT) prices in South Korea have risen by 0.34% from the previous month, indicating slight stabilization amid elevated logistics costs.

The ONT price trend in South Korea has been influenced by cautious operating rates among converters, competitive pricing by Indian suppliers, and cost-conscious procurement. Overall, market sentiment has remained soft, with limited upside expected without a rebound in domestic consumption.

Japan: Ortho Nitro Toluene (ONT) Import Price in Japan from India, Industrial Grade (99%) CIF Niigata (India).

During Q3 2025, Ortho Nitro Toluene (ONT) price in Japan has declined slightly, reflecting stable but cautious demand from downstream agrochemical and fine chemical sectors. CIF Niigata prices ranged between USD 1,400–1,520 per metric ton, marking a quarterly decrease of 2.73%. Freight costs increased moderately, supported by sustained demand for Indian specialty chemical imports and stable shipping schedules, adding to overall expenses.

According to Price-Watch, in September 2025, Ortho Nitro Toluene (ONT) prices in Japan have risen by 0.42% from the previous month, suggesting tentative buying interest amid lean inventory management. The ONT price trend in Japan has been shaped by competitive pricing and consistent quality from Indian suppliers, steady offtake, and buyers favoring long-term contracts to ensure supply continuity. Overall, market sentiment has remained balanced, with limited near-term price recovery expected.

Ortho Nitro Toluene Price Trend Q4 2025

In Q4 2025, the global Ortho Nitro Toluene market showed relatively stable performance across regions with price movements ranging from approximately -1.5% to +2.5%. Asian markets such as Japan and South Korea recorded marginal declines, reflecting cautious buying sentiment and steady downstream consumption from dyes, agrochemical, and intermediate sectors.

European markets, notably Germany, also witnessed mild price softness amid balanced supply conditions and measured procurement activity. In contrast, India experienced a modest uptick in prices, supported by firmer domestic demand and controlled export availability.

Despite varying regional dynamics, the market remained largely balanced, underpinned by stable feedstock toluene availability and disciplined inventory management.

In general, market conditions stayed steady, supported by manageable supply chain fundamentals, consistent industrial activity, and stable freight costs. Regional supply-demand balances and uneven downstream offtake continued to influence pricing during the quarter.

India: Ortho Nitro Toluene Export prices FOB Nhava Sheva, India, Grade-Industrial grade (99%)

According to Price-Watch™, In Q4 2025, Ortho Nitro Toluene prices FOB Nhava Sheva, India ranged USD 1300–1500 per metric ton and showed a mildly upward price trend. The 2.53% increase stemmed from steady demand from dye intermediates and pharmaceutical segments, coupled with controlled export availability. The wider range reflected selective buying amid stable producer output. Ortho Nitro Toluene prices firmed as suppliers balanced contractual shipments with limited spot volumes.

The Indian Ortho Nitro Toluene market remained orderly, with movements clearly tracked on the Ortho Nitro Toluene price chart and supported by a slightly stronger Ortho Nitro Toluene price index. The prevailing Ortho Nitro Toluene price trend highlighted supply discipline outweighing moderate demand. In December 2025, prices decreased by 1.33%, influenced by short-term inventory adjustments and cautious year-end procurement.

Germany: Ortho Nitro Toluene Imported prices CIF Hamburg from India, Germany, Grade-Industrial grade (99%)

In Q4 2025, Ortho Nitro Toluene prices CIF Hamburg from India ranged USD 1400–1500 per metric ton and showed a marginal downward price trend. The 1.15% decline reflected steady import arrivals, slightly reduced freight costs, and moderate demand from specialty chemical manufacturers. The tight range indicated logistical balance despite cautious buyer participation. Ortho Nitro Toluene prices softened as distributors focused on inventory management.

The German Ortho Nitro Toluene market stayed adequately supplied, with changes visible on the Ortho Nitro Toluene price chart and mirrored by a softer Ortho Nitro Toluene price index. The quarter’s Ortho Nitro Toluene price trend emphasized demand-side restraint. In December 2025, prices decreased by 2.02%, influenced by year-end destocking and reduced spot inquiries.

South Korea: Ortho Nitro Toluene Imported prices CIF Busan from India, South Korea, Grade-Industrial grade (99%)

In Q4 2025, Ortho Nitro Toluene prices CIF Busan from India ranged USD 1300–1500 per metric ton and showed a marginal downward price trend. The 0.36% decrease stemmed from steady cargo inflows, easing freight rates, and cautious demand from downstream chemical processors. The broader range reflected uneven buying interest amid sufficient supply. Ortho Nitro Toluene prices eased as importers optimized inventory positions.

The South Korean Ortho Nitro Toluene market remained balanced, clearly tracked on the Ortho Nitro Toluene price chart and reinforced by a slightly lower Ortho Nitro Toluene price index.

The prevailing Ortho Nitro Toluene price trend highlighted measured procurement. In December 2025, prices decreased by 2.77%, influenced by inventory clearance and subdued year-end industrial activity.

Japan: Ortho Nitro Toluene Imported prices CIF Niigata from India, Japan, Grade-Industrial grade (99%)

In Q4 2025, Ortho Nitro Toluene prices CIF Niigata from India ranged USD 1400–1500 per metric ton and showed a marginal downward price trend. The 0.33% decline reflected stable import volumes, reduced freight costs, and moderate demand from agrochemical and specialty chemical segments. The narrow range highlighted orderly logistics despite cautious purchasing.

Ortho Nitro Toluene prices softened as buyers prioritized contractual supplies over spot cargos. The Japanese Ortho Nitro Toluene market remained supply-comfortable, with movements evident on the Ortho Nitro Toluene price chart and echoed by a softer Ortho Nitro Toluene price index.

The quarter’s Ortho Nitro Toluene price trend emphasized demand-side moderation. In December 2025, prices decreased by 2.72%, influenced by seasonal slowdown and inventory optimization.

Ortho Nitro Toluene Price Trend Q1 2024

In Q1 2024, the Ortho Nitro Toluene market in Germany faced a mild decline. Prices of ONT Industrial Grade (99%) CIF Hamburg averaged USD 1768/MT, down –6.52% from the previous quarter. This drop happened because demand from the dye and pharmaceutical sectors softened slightly after strong activity at the end of 2023.

At the same time, a few buyers delayed their orders, waiting for better price offers. On the supply side, production levels stayed normal, but lower feedstock costs added to the downward pressure on prices. 

In Q1 2024, India’s Ortho Nitro Toluene (ONT) market witnessed a definite price fall. Prices of Industrial Grade (99%) FOB Nhava Sheva settled at USD 1647.11 per metric ton, registering a –10.95% fall from the last quarter. The primary cause of this decline was lower demand from the agrochemical and dye industries.

Most downstream plants held inventory from the close of 2023, which reduced fresh buying. Besides, the supply of lower-priced imported ONT and consistent feedstock supply kept the local market in tension, driving the prices down. 

Ortho Nitro Toluene Price Trend Q2 2024

In Q2 2024, prices saw a slight improvement, rising to USD 1793/MT for ONT Industrial Grade (99%) CIF Hamburg, a +1.41% increase from Q1 2024. Some seasonal recovery in demand was observed, especially from the agricultural chemical and pigment industries. Manufacturers increased procurement to rebuild their inventories.

Also, some maintenance shutdowns at nearby production facilities reduced the availability of Ortho Nitro Toluene in the regional market, supporting a gradual price rise. However, overall activity remained stable without any major supply disruptions. 

During Q2 2024, India ONT prices for Industrial Grade (99%) FOB Nhava Sheva staged a slight comeback and rose to USD 1658.95 per metric ton, a paltry increase of +0.72% compared to Q1 2024. The growth was primarily on account of better demand from the textile dyeing and pigment industries as summer season fabric production picked up.

Agrochemical firms also started stock replenishment ahead of the monsoon crop season. On the supply side, production leveled off, while the modest tightness in inventories and purchasing activity assisted the market to come up slightly. 

Ortho Nitro Toluene Price Trend Q3 2024

In Q3 2024, prices continued to rise modestly, reaching USD 1822/MT for ONT Industrial Grade (99%) CIF Hamburg up +1.58% from the previous quarter. Demand remained steady from downstream sectors, especially for fine chemicals and intermediates used in the pharmaceutical industry.

Though the pace of buying was not aggressive, consistent orders kept the market balanced. There were also occasional delays in raw material shipments, which made suppliers slightly cautious with pricing. Production across Germany remained steady, and logistics operated without major delays. 

By Q3 2024, prices of Industrial Grade (99%) FOB Nhava Sheva fell again to USD 1632.06 per metric ton, -1.62% on Q2. This was largely because of a tapering in agrochemical consumption following the end of the high application period.

Export activity was also subdued with weakening global demand. While local production held at regular levels, the market grappled with larger inventory levels and weaker offtake. As a result, prices continued to face moderate downward pressure throughout the quarter. 

Ortho Nitro Toluene Price Trend Q4 2024

In Q4 2024, the market turned downward, with prices of ONT Industrial Grade (99%) CIF Hamburg falling to USD 1732/MT, showing –4.94% decline from Q3. This was mainly due to reduced buying interest from end-users, especially as many industries slowed operations toward the year-end.

A buildup of inventories in some regions also contributed to the price drop. Additionally, a decline in global feedstock costs led to reduced production expenses. Even so, German producers kept supply in check, and exports moved steadily without facing any significant barriers. 

In Q4 2024, ONT prices for Industrial Grade (99%) FOB Nhava Sheva recovered at USD 1715.48 per metric ton, a +5.11% increase over Q3. This was driven by a resurgence in the dye and chemical sectors as they prepared for year-end orders and exports. The pharmacy sector also improved in consumption, contributing to the demand base.

Raw materials such as toluene and nitric acid slightly improved, pushing production costs higher. This, in addition to greater offtake and programmed plant turnarounds, backed increased ONT prices. 

Technical Specifications of Ortho Nitro Toluene (ont) Price Trends

Product Description

Ortho Nitro Toluene (ONT) is a pale yellow, oily liquid with an aromatic odour, primarily used as an industrial chemical intermediate. It is an important raw material in the production of dyes, pigments, agrochemicals, and pharmaceuticals. ONT is produced by the nitration of Toluene, using a mixture of Nitric and Sulfuric acids. It plays a vital role in the manufacture of Azo dyes, Pesticide intermediates, and Rubber chemicals, making it essential in the textile, agriculture, and specialty chemical industries.

Identifiers and Classification:

  • CAS No – 88-72-2
  • HS Code – 29042090
  • Molecular Formula – C₇H₇NO₂
  • Molecular Weight[g/mol] – 137.14 g/mol


Ortho Nitro Toluene Synonyms:

  • o-NitroToluene
  • 2-NitroToluene


Ortho Nitro Toluene Grades Specific Price Assessment:

  • Industrial Grade (99%)


Ortho Nitro Toluene Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-30 MT
  • Packaging Type (Product & Country Specific): Tanker


Incoterms Referenced in Ortho Nitro Toluene Price Reporting

Shipping Term  Location  Definition 
FOB Nhava Sheva  Nhava Sheva, India  Ortho Nitro Toluene export price from India 
CIF Hamburg (India)  Hamburg, Germany  Ortho Nitro Toluene import price in Germany from India 
CIF Busan (India)  Busan, South Korea  Ortho Nitro Toluene import price in South Korea from India 
CIF Niigata (India)  Niigata, Japan  Ortho Nitro Toluene import price in Japan from India 

*Quotation Terms refers to the quantity range specified for the Ortho Nitro Toluene being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Ortho Nitro Toluene packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Ortho Nitro Toluene Manufacturers

Manufacturer 
LANXESS 
Tokyo Chemical Industry Co., Ltd. 
Shouguang Nuomeng Chemical Co Ltd 
Eastman 
Aarti Industries Limited 
Deepak Nitrite Limited 

Ortho Nitro Toluene (ont) Industrial Applications

Ortho-nitro-toluene-market-share-end-use

Historically, several events have caused significant fluctuations in Ortho Nitro Toluene (ont) prices

  • India–China Chemical Import Restrictions (March 2024): In March 2024, India introduced stricter regulations and customs checks on chemical imports from China, including key intermediates like Ortho Nitro Toluene. This move came as part of efforts to support domestic manufacturing and reduce dependency on foreign suppliers. The restrictions led to a drop in import volumes, causing supply tightness in the Indian market. As demand from dyes and agrochemical sectors stayed strong, ONT prices surged due to limited availability. 
  • Monsoon Disruption & Flooding in Maharashtra (July 2022): Heavy monsoon rains and severe flooding in major industrial regions of Maharashtra in mid-2022 led to temporary shutdowns of several chemical manufacturing units. Many ONT producers had to halt operations due to waterlogging and disrupted logistics. This supply interruption came during the high-demand season for agrochemical applications, pushing ONT prices sharply upward across the western and central regions of India. 
  • Global Nitric Acid Shortage (2021): A global shortage of nitric acid in 2021—driven by plant maintenance turnarounds and rising demand in fertilizers and explosives—affected the production of ONT, which relies on nitric acid as a key feedstock. Many ONT manufacturers struggled to maintain output, resulting in tighter supply. Prices increased globally, especially in Asia, as buyers scrambled for limited availability amidst growing downstream demand from dye and pharma sectors. 
  • COVID-19 Outbreak & Nationwide Lockdowns (2020): In 2020, the outbreak of COVID-19 and the resulting nationwide lockdowns across India led to major disruptions in ONT production and logistics. Several manufacturing units remained shut for months, and transportation restrictions delayed raw material movement. At the same time, downstream industries like dyes, pharmaceuticals, and agrochemicals operated at reduced capacity. Prices initially dropped due to weak demand but later surged sharply as supply lagged behind recovery in demand post-lockdown. 
  • Environmental Compliance Crackdown in China (2019): China enforced stricter environmental norms in 2019, forcing many nitro compound and intermediate producers to reduce or suspend operations. Since India and other countries relied on Chinese exports for several ONT-related chemicals, the resulting supply disruption affected the global ONT chain. Prices rose sharply in Asian markets due to reduced imports and supply bottlenecks. 
  • Explosion at Gujarat Chemical Plant (2017): A major fire incident at a large chemical complex in Gujarat in late 2017 led to the shutdown of a key ONT production unit. The disruption significantly affected local supply, as the plant was one of the main producers for the western region. With downstream demand from agrochemicals and dyes remaining active, the sudden supply gap caused a notable price increase in the domestic market. 

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global ortho nitro toluene (ont) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ortho nitro toluene (ont) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence ortho nitro toluene (ont) prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely ortho nitro toluene (ont) market data.

Track Price Watch's™ ortho nitro toluene (ont) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Ortho Nitro Toluene (ont) Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

The price of Ortho Nitro Toluene (ONT) is primarily influenced by the costs of key feedstocks, such as toluene and nitric acid, which are essential in its production. Supply-demand dynamics, plant operating rates, and production disruptions also significantly impact pricing. In addition, geopolitical factors, regulatory changes, and transportation costs can create market fluctuations. As ONT is a critical raw material in the production of dyes, pharmaceuticals, and agrochemicals, changes in demand from downstream industries, including the chemical and agricultural sectors, can further drive pricing trends.

Global shifts in supply and demand have a direct influence on ONT prices. Increased demand from industries such as dye manufacturing, pharmaceuticals, or agrochemicals can drive prices higher, especially during times of tight supply. Conversely, excess supply from new production capacities or decreased demand from downstream sectors—such as during economic recessions—can lead to price reductions. Procurement professionals must closely track global production levels, plant maintenance schedules, and demand forecasts to predict price movements and adjust purchasing strategies accordingly.

ONT pricing varies across regions due to differences in feedstock availability, production capacity, local demand patterns, and logistics costs. For example, regions with robust chemical manufacturing infrastructure, such as North America and Europe, may experience more stable pricing, whereas markets in Asia may see more volatility due to fluctuating demand from key industries like textiles and pharmaceuticals. Procurement teams should carefully analyze regional price trends, trade flows, and supplier networks to identify strategic sourcing opportunities, diversify suppliers, and minimize risks associated with regional price volatility or supply disruptions.

Ortho Nitro Toluene (ONT or o-Nitrotoluene) is a pale yellow liquid organic compound primarily used as a chemical intermediate in the production of dyes, pigments, rubber chemicals, agrochemicals, and pharmaceuticals. Its price directly impacts the cost of toluidine derivatives, azo dyes, rubber antioxidants, agricultural chemicals, and specialty intermediates, making ONT pricing a critical factor for chemical manufacturers, dye producers, and pharmaceutical intermediate suppliers worldwide. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

Ortho Nitro Toluene prices vary by region and purity. Prices are typically quoted per metric ton or per kilogram and change based on supply, demand, feedstock costs, and production capacity. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Ortho Nitro Toluene prices fluctuate due to changes in feedstock costs (primarily toluene and nitric acid), energy price movements, production capacity utilization, and demand from dyes, pigments, rubber chemicals, and pharmaceutical intermediate sectors. Manufacturing process efficiency (nitration technology and separation techniques), regulatory compliance and environmental standards, quality and purity specifications, supply chain disruptions, seasonal variations in downstream industries, competition with para and meta isomers, trade policies affecting chemical intermediates, and broader economic conditions further shape price trends, with recent outlooks reflecting volatility driven by toluene availability, nitric acid pricing, environmental regulations, and dye industry demand cycles.

The biggest buyers of Ortho Nitro Toluene are manufacturers of ortho-toluidine (a key intermediate for dyes and pigments), followed by rubber chemicals producers making antioxidants and vulcanization accelerators. Additional demand comes from agrochemical manufacturers producing herbicides and pesticide intermediates, pharmaceutical intermediate producers, specialty dye and pigment companies, photographic chemical manufacturers, and fine chemical producers. Price-Watch™ analyses demand patterns across all these industries.

Ortho Nitro Toluene is manufactured through the nitration of toluene using mixed acid (nitric acid and sulfuric acid). The mononitration of toluene produces a mixture of ortho, meta, and para isomers, which are then separated through distillation. It is produced in specialized chemical plants by organic chemical manufacturers and intermediate producers with nitration facilities and isomer separation capabilities.

Ortho Nitro Toluene trade is driven by production capacity, downstream integration, and regional chemical industry presence. China and India are among the world’s largest exporters of Ortho Nitro Toluene, serving global markets with industrial-grade material. European countries including Germany and other EU nations, along with the United States and some Asian producers, also participate in regional and global trade. Export volumes fluctuate based on dye and pigment industry demand, rubber chemicals requirements, agrochemical production cycles, toluene and nitric acid feedstock availability, environmental compliance requirements, and trade dynamics in chemical intermediates. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally matches demand, but regional shortages can occur due to plant shutdowns, nitration facility maintenance, feedstock constraints (toluene or nitric acid), transportation problems, or sudden spikes in downstream industry activity. Environmental regulations forcing facility closures or production limitations can create tight market conditions. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Ortho Nitro Toluene prices vary by grade based on purity levels, isomer content, impurity profiles, and application requirements. Industrial-grade ONT (99% purity) is the most widely traded specification, suitable for dye intermediates, rubber chemicals, and general chemical synthesis applications, offering a balance between quality and cost-effectiveness. Higher-purity grades (99.5%+ purity) with tighter specifications on meta and para isomer content, moisture, and other impurities command premium prices for specialty applications requiring superior performance or regulatory compliance. Technical grades with lower purity (97-98%) may be available at discounted prices for less demanding applications. Color specifications, acidity levels, and residual acid content also influence pricing. Price-Watch™ provides separate price assessments for industrial-grade (99%) and other grades to ensure market transparency.

When Ortho Nitro Toluene demand rises quickly, often due to increased dye production, rubber chemicals manufacturing expansion, or agrochemical intermediate requirements, prices typically increase. Suppliers may prioritize long-term contract customers with established relationships, while spot buyers face tighter availability, longer lead times, or premium pricing to secure supplies. Production flexibility is limited by nitration capacity, isomer separation capabilities, and safety considerations in nitration operations. Price-Watch™ captures these market dynamics in real-time.

Energy is a significant cost component in Ortho Nitro Toluene production, particularly for nitration reactions, distillation and separation processes, and temperature control systems. When natural gas, electricity, or steam costs rise, producers typically pass these costs on to buyers, making ONT more expensive. Feedstock costs (toluene and nitric acid) are also influenced by energy and petrochemical prices. This is why prices in regions with cheaper energy, integrated toluene supply, and efficient nitration facilities tend to be lower, a correlation that Price-Watch™ analyses in its price assessments & market reports.

Ortho Nitro Toluene prices vary by region based on local production capacity, toluene and nitric acid feedstock availability and costs, energy prices, regulatory compliance requirements, environmental standards, transportation and logistics expenses, downstream industry concentration (dyes, rubber chemicals), import/export dynamics, and safety and handling regulations. Regions with integrated aromatic chemical production and established downstream industries often have competitive pricing, while areas dependent on imports or facing strict environmental controls may see higher prices. Price-Watch™ tracks prices across all major regions to highlight these differences.

The Ortho Nitro Toluene market outlook depends on factors such as toluene and nitric acid feedstock price trends, energy costs, dye and pigment industry demand, rubber chemicals sector growth, agrochemical production activity, capacity additions or closures driven by environmental regulations, downstream industry trends in textiles and automotive sectors, trade policies affecting chemical intermediates, technological developments in nitration processes, and macroeconomic indicators affecting manufacturing activity. 𝐏𝐫𝐢𝐜𝐞-𝐖𝐚𝐭𝐜𝐡™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Absolutely. Accurate forecasting allows you to time your purchases better, negotiate contracts more effectively, and budget more accurately. If Price-Watch™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Events like natural disasters, plant accidents at nitration facilities, toluene or nitric acid supply disruptions, environmental regulatory enforcement actions, safety incidents affecting nitration operations, trade disputes, transportation disruptions, or economic downturns can cause supply shortages and price spikes. Environmental regulations forcing nitration facility closures, feedstock supply constraints, force majeure declarations at production plants, and sudden demand surges in dye or rubber chemicals sectors, for instance, have created significant market volatility. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Ortho Nitro Toluene industry, with specific focus on industrial-grade (99%) material and other commercial specifications.

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