In the first quarter of 2025, the Para Nitro Chloro Benzene (PNCB) market in China continued on a stable to slightly declining trend, with prices averaging $950/MT, down by 3.85% from Q4 2024. This dip was mainly due to an abundant global supply and moderate demand growth from key sectors such as agrochemicals, pharmaceuticals, and dyes. The balance in supply-demand dynamics limited any sharp price movement, keeping the market steady despite subdued downstream buying.
During Q4 2024, PNCB prices in China declined moderately to $988/MT, reflecting a 4.82% drop from Q3. This downward trend was supported by ample production volumes and a plateau in consumption across major end-use industries. While the agrochemical, pharma, and dyes sectors maintained consistent demand, there was no significant growth, leading to softening prices amid well-stocked inventories.
In Q3 2024, the Chinese PNCB market saw a sharper decline, with prices falling by 9.82% to $1038/MT compared to Q2. This was largely the result of excess market supply and reduced activity in the dye and pigment segments. Although agrochemical and pharma demand remained steady, weaker exports and continued global logistical normalization led to restrained buying momentum.
In Q2 2024, PNCB prices in China experienced a 4.56% drop to $1151/MT. This correction came as raw material availability improved, and logistics disruptions eased. Despite the price dip, demand from agrochemical and dye manufacturers remained healthy. Additionally, increased supply from producers in India and South Korea helped stabilize market conditions and relieved pressure from earlier tightness.
In Q1 2024, the PNCB market in China rose by 7.20%, with prices reaching $1206/MT. This increase was mainly driven by revived industrial activity, especially in the chemical manufacturing sector. Strong demand from agrochemical, dye, and pharmaceutical industries, coupled with supply chain bottlenecks and rising freight costs, contributed to the upward trend during this period.
In Q1 2025, PNCB in India (Ex-Mumbai) was priced at $1085.23/MT, reflecting a 4.76% decline from Q4 2024. Domestic buying stayed moderate as many downstream players awaited fiscal policy announcements before resuming large-scale procurement. The availability of feedstocks improved, and production levels normalized, easing cost pressures. While a demand pickup is anticipated in Q2, the market for now remains stable without significant volatility expected in the near term.
During Q4 2024, the average price for PNCB in India (Ex-Mumbai) dropped to $1139.50/MT, showing a 6.26% decrease from Q3. Although October’s festive season provided a short-lived demand push, most buyers had already stocked up at the end of monsoon, limiting new orders. The availability of imported material at competitive prices also pressured local suppliers. Meanwhile, export demand remained inconsistent due to global holiday slowdowns and reduced year-end industrial activity overseas.
In Q3 2024, PNCB in India (Ex-Mumbai) saw prices fall further to $1215.53/MT, down by 8.15% from the previous quarter. The decline was primarily caused by weaker demand in textile dyeing and agrochemical sectors. Monsoon-related disruptions also hampered operations in chemical hubs, limiting domestic buying. With abundant supply and adequate inventories, buyers waited for more favourable pricing before placing new orders.
Moving into Q2 2024, prices for PNCB in India (Ex-Mumbai) slightly corrected to $1323.41/MT, marking a 3.88% dip from Q1. The market saw steady raw material availability and improved production rates, leading to a stabilization in prices. Export demand, particularly from Southeast Asia, declined during this quarter, and pre-monsoon industrial slowdown further reduced domestic consumption.
In Q1 2024, the market for PNCB in India (Ex-Mumbai) witnessed a strong upward trend, with prices averaging $1376.79/MT, reflecting a 10.12% increase from the previous quarter. This rise was fueled by higher demand from dyes, pigments, and agrochemical sectors. Post-holiday manufacturing recovery, combined with tight supply of Chlorine and Nitric Acid, supported the price increase. The overall sentiment remained strong due to an active start to the year and limited material availability.
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Molecular Weight[g/mol]
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Molecular Formula
Para Nitro Chloro Benzene is an aromatic chemical compound with the molecular formula C6H4ClNO2. It is a yellow to brownish crystalline solid that is primarily used in the production of various chemicals, including agrochemicals, pharmaceuticals, and dyes. Para Nitro Chloro Benzene is synthesized through the nitration and chlorination of benzene, typically resulting in a compound where the nitro group (-NO2) and the chlorine atom (-Cl) are positioned on the opposite sides of the benzene ring, hence the term "para."
Packaging Type
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Incoterms Used
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PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Properties | Specification |
Set Point | 83°C |
Appearance (Colour) | Yellow to brownish crystalline solid |
Appearance (Form) | Liquid |
Moisture | 0.05% max |
Melting Point | 114°C (237°F) |
Density | 1.37 g/cm³ |
Boiling Range | 258°C (496°F) |
Applications
The pricing of Para Nitro Chloro Benzene is influenced by several factors, including raw material costs, production costs, and global supply-demand dynamics. Key raw materials used in the production of Para Nitro Chloro Benzene, such as Chlorobenzene and Nitrobenzene, significantly affect its cost. Geopolitical events, such as trade disputes or sanctions, can disrupt the supply chain and impact prices. Additionally, fluctuations in crude oil prices and energy costs also affect the overall production costs, leading to price variations. Demand from key industries, such as pharmaceuticals, agrochemicals, and dyes, further influences pricing trends.
Procurement heads can forecast future price trends of Para Nitro Chloro Benzene by closely monitoring global supply chains, production capacities, and economic conditions. Keeping track of the prices of raw materials like Chlorobenzene and Nitrobenzene, which are essential for its manufacturing, can help predict price movements. Additionally, geopolitical events and changes in regulations can provide early indicators of market shifts. Regularly analyzing industry reports, such as those provided by chemical market intelligence platforms, and staying updated on trends in demand from key sectors like agrochemicals and pharmaceuticals can assist in anticipating price fluctuations.
Market conditions in China and India, as major producers and consumers of Para Nitro Chloro Benzene, have a significant impact on its global pricing. These countries’ production capacity, economic growth, and demand from key industries like pharmaceuticals, agrochemicals, and dyes influence global prices. For example, if there is a surge in demand for agrochemicals in India or pharmaceuticals in China, it can drive up the prices of Para Nitro Chloro Benzene due to increased production and consumption. Additionally, any disruptions in manufacturing due to labor strikes, factory shutdowns, or regulatory changes in these regions can lead to supply shortages, which often results in price hikes in the global market.
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