Dinitrochlorobenzene (DNCB) Prices

Dinitrochlorobenzene Prices December 2023

The dinitrochlorobenzene prices in India for Q4 2023, reached 1262 USD/MT in December. In India, the dinitrochlorobenzene market during Q4 2023 experienced price fluctuations, with strong demand and limited supply driving prices up in October and November. The manufacturing sector's expansion increased production alongside new orders. On the other hand, prices saw a slight dip in December as demand slowed and high interest rates impacted market activity. 

The price trend for dinitrochlorobenzene in Spain for Q4 2023, reached 1415 USD/MT in December. equilibrium. Spain's dinitrochlorobenzene market during Q4 2023 remained relatively stable, with inflation moderating. While inventories were limited, consumer spending continued despite high interest rates, keeping the market active and maintaining stability in demand and supply dynamics.

Dinitrochlorobenzene Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dinitrochlorobenzene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dinitrochlorobenzene pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dinitrochlorobenzene at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dinitrochlorobenzene price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dinitrochlorobenzene price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dinitrochlorobenzene Market Analysis

The global dinitrochlorobenzene market size reached 192.6 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 276.5 Thousand Tons, at a projected CAGR of 4.10% during 2023-2032.

• Increased use of DNCB in pharmaceutical applications, particularly in the synthesis of active pharmaceutical ingredients and research and development (R&D) activities represents a key growth-inducing factor. As per Congressional Budget Office, the United States, the pharmaceutical industry's R&D spending as a share of net revenues has been on the rise in recent years. In the early 2000s, the industry's R&D intensity averaged about 13% annually. From 2005 to 2014, this intensity increased to an average of 18% to 20% each year. As a result, the demand for materials like DNCB is projected to increase.
• Growth in the agriculture sector has increased the demand for DNCB for the production of pesticides and herbicides. Based on the recent report by IMARC Group, the global agrochemicals market size is projected to reach US$ 390.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032. Consequently, the demand for DNCB is projected to rise.
• Expanding manufacturing sectors across various regions contribute to higher demand for DNCB in the production of chemicals and other industrial products. As per the World Manufacturing Production Quarterly Report, Q4 2023, by the United Nations Industrial Development Organization (UNIDO), global manufacturing production is entering a more dynamic phase. The manufacturing output globally increased by 1.5% during Q4 2023 as compared to Q4 2022. As a result, the demand for specialty chemicals like DNCB is projected to increase.
• Variability in the costs of key raw materials such as sulfuric acid and nitric acid affect production costs for DNCB. For instance, nitric acid experienced fluctuating prices in 2023 due to supply chain disruptions and global trade uncertainties, which, in turn, had a direct influence on the global DNCB market.
• Increased consumer demand in end-use industries such as textiles, dyes, and coatings drives the market for DNCB. For instance, as per the global paints and coatings market report by IMARC, the industry is projected to grow at a CAGR of 4.6% during 2024-2032, reaching a value of US$ 269.0 Billion by 2032.
• Stricter environmental laws in major markets are pushing manufacturers to modify processes and formulations, impacting DNCB usage and production. Innovations in chemical processing and safer handling of chemicals like DNCB are also enhancing market growth through improved production efficiencies.

Dinitrochlorobenzene News

The report covers the latest developments, updates, and trends impacting the global dinitrochlorobenzene market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dinitrochlorobenzene production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dinitrochlorobenzene price trend.

Latest developments in the dinitrochlorobenzene industry:

• January 2024: Aarti Industries Limited (AIL) has secured a long-term contract worth over ₹6,000 crore with a multinational conglomerate for the supply of a niche specialty chemical. The agreement is for a period of over 4 years.

Product Description

Dinitrochlorobenzene (DNCB) refers to two chemical compounds with the formula C6H3ClN2O4, specifically 2,4-dinitrochlorobenzene and 1,3-dinitrochlorobenzene, both of which are used in various industrial applications. 2,4-Dinitrochlorobenzene, the more common isomer, appears as yellow needle-like crystals with a melting point of 52°C and a boiling point of 315°C. It is sparingly soluble in water but dissolves well in organic solvents such as alcohol and ether. This compound is primarily used in the synthesis of dyes, pharmaceuticals, and agricultural chemicals, leveraging its ability to undergo further chemical reactions like sulfonation and reduction.

Chemically, DNCB is characterized by the presence of 2 nitro groups and 1 chloro group attached to a benzene ring, making it a potent electrophile. This structure contributes to its reactivity, particularly in substitution reactions that are crucial in industrial synthesis processes. DNCB is hazardous upon exposure, known to cause skin irritation and other health risks, necessitating careful handling and adherence to safety regulations in its industrial use.

Regional Coverage

The report provides a detailed analysis of the dinitrochlorobenzene market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast, and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dinitrochlorobenzene price trend.

Global Dinitrochlorobenzene Price

The report offers a holistic view of the global dinitrochlorobenzene pricing trends in the form of dinitrochlorobenzene price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into dinitrochlorobenzene historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into dinitrochlorobenzene price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dinitrochlorobenzene demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dinitrochlorobenzene Price

Various economic factors influenced the European DNCB market during Q4 2023. Prices increased at the beginning of the quarter owing to high demand from sectors, including textiles, printing, and plastics. This growth was driven by increased consumer spending levels and decreased inventory levels. Nonetheless, continuous inflation caused by costly energy resulted in a decline in prices due to decreased consumer buying ability. The wider business context also decelerated, experiencing a decrease in both new orders and buying operations. In Spain, where there were significant price fluctuations, the market stayed quite steady. Inflation decreased because of reduced fuel expenses and a less rapid increase in food prices, but it still surpassed the target set by the European Central Bank. Even with limited supplies, consumer expenditure persisted despite elevated interest rates, demonstrating the market's resilience at that time. 

This analysis can be extended to include detailed dinitrochlorobenzene price information for a comprehensive list of countries.

North America Dinitrochlorobenzene Price

The North American market saw fluctuating conditions in the last quarter of 2023, particularly in the U.S. Prices initially accelerated, fueled by escalating consumer spending levels, an inflation decrease, and inexpensive gas, which collectively bolstered demand. By December, a shift occurred as prices dropped, influenced by lowered orders from downstream sectors and an excess market supply. In the United States, strong consumer confidence levels and persistent demand, driven by lower inflation, led to escalating spending. The US dollar depreciation against major currencies, especially the Chinese yuan, made imports costlier, thereby limiting domestic supply. This, combined with robust holiday season demand, pushed DNCB prices higher. Nonetheless, as inflationary pressures resurfaced, consumer caution grew, reducing demand and leading to a price decline by the end of the quarter. 

Specific dinitrochlorobenzene historical data within the United States and Canada can also be provided.

Middle East and Africa Dinitrochlorobenzene Price

The report explores the dinitrochlorobenzene pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dinitrochlorobenzene prices for countries can also be provided.

Asia Pacific Dinitrochlorobenzene Price

In the Asia Pacific region during Q4 2023, the DNCB market saw diverse impacts on both supply and pricing. The healthcare and pharma industries continued to see high demand for DNCB, leading to a rise in rates. The scarcity of local resources also added to the rise in prices. Moreover, the increasing expenses due to the escalating prices of essential raw materials like sulphuric and nitric acid impacted production expenses, resulting in higher market prices. Noticeable price changes were seen in India, with a rise in November owing to accelerated demand and restricted supply. There was an increase in production and new orders in the manufacturing industry in India, leading to growth. Nevertheless, prices experienced a minor drop in December because of decreased demand and the influence of increased interest rates. 

This dinitrochlorobenzene price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dinitrochlorobenzene Price

The analysis of dinitrochlorobenzene prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dinitrochlorobenzene pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dinitrochlorobenzene price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dinitrochlorobenzene price charts ensure our clients remain at the forefront of the industry.