Nitro Toluene Prices

Nitro Toluene Price Trend, Index and Forecast

Track the latest insights on nitro toluene price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Nitro Toluene Prices Outlook Q1 2025

• USA: US$ 2625/MT
• China: US$ 2230/MT
• India: US$ 2055/MT
• Japan: US$ 1938/MT
• South Korea: US$ 1510/MT

Nitro Toluene Price Chart

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During the first quarter of 2025, the nitro toluene prices in the USA reached 2625 USD/MT in March. In Q1 2025, nitro toluene prices in the USA were influenced by firm demand from the dyes, agrochemicals, and explosives sectors. Upstream cost pressure from toluene and nitric acid persisted due to crude oil volatility. Domestic production faced intermittent disruptions from adverse winter weather, leading to regional supply constraints. Import volumes were limited, and transportation costs remained elevated due to logistical bottlenecks in key transit corridors.

During the first quarter of 2025, nitro toluene prices in China reached 2230 USD/MT in March. In this period, nitro toluene pricing in China was shaped by fluctuating raw material costs and post-holiday production activity. Toluene availability was steady, but nitric acid prices remained volatile due to environmental regulations affecting plant operations. Downstream demand was mixed across pigments and pesticides, while export orders remained subdued. Inventory build-up from pre-Lunar New Year production added to pricing pressure in certain provinces.

During the first quarter of 2025, the nitro toluene prices in India reached 2055 USD/MT in March. In India, nitro toluene prices in Q1 2025 were driven by consistent demand from agrochemical and rubber chemical applications. Toluene import costs fluctuated with global energy trends, impacting feedstock pricing. Domestic production was stable, though occasional supply chain disruptions from transport strikes and raw material delays influenced availability. Buyers adopted cautious procurement amid varying price signals and moderate restocking behavior.

During the first quarter of 2025, the nitro toluene prices in Japan reached 1938 USD/MT in March. Nitro toluene pricing in Japan was influenced by steady demand from the fine chemicals and electronic intermediates sectors. Upstream raw material pricing remained firm, particularly for nitric acid, which was affected by higher energy costs. Supply was mostly stable, though some buyers experienced longer lead times due to maintenance shutdowns at local chemical facilities. Import costs were influenced by currency movements and elevated freight rates.

During the first quarter of 2025, the nitro toluene prices in South Korea reached 1510 USD/MT in March. In South Korea, nitro toluene prices during Q1 2025 were shaped by firm downstream demand from dyes and specialty chemical manufacturers. Domestic supply was steady, but input costs fluctuated due to volatility in toluene pricing. Export activity remained moderate, while procurement was paced cautiously due to uncertainty in feedstock availability. Regional competition and changes in supplier pricing strategies also affected market sentiment.

Nitro Toluene Prices Outlook Q2 2024

• Japan: US$ 1,850/MT

In Japan, the nitro toluene prices for Q2 2024 reached 1,850 USD/MT in June. The market faced significant challenges, with prices dipping due to oversupply and reduced needs from critical industries. The agrochemical, automotive, and pharmaceutical sectors reported weaker-than-anticipated usage, leading to a surplus. Inventory build-ups and economic uncertainties added further strain. Changes in seasons, particularly reduced summer activity, contributed to a decline in demand.

Nitro Toluene Prices Outlook Q3 2023

• China: US$ 1,935/MT

During the third quarter of 2023, demand for nitrotoluene in China spiked, raising prices up to 1,935 USD/MT late in September. The primary factors behind the price growth were climbing feedstock prices and unfavorable weather conditions in the Asia Pacific. The OPEC+ production restricts challenging the petrochemical feedstock availability, creating further upward pressure on prices. Thus, numerous adverse market influences resulted in a substantial price increase over the specified period.

Regional Coverage

The report provides a detailed analysis of the 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 FOB and CIF prices, as well as the key factors influencing the nitro toluene prices.

Global Nitro Toluene Price Trend

The report offers a holistic view of the global nitro toluene pricing trends in the form of nitro toluene 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 current price levels but also provides insights into historical price of nitro toluene, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into 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 nitro toluene 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 Nitro Toluene Price Trend

Q1 2025:

As per the nitro toluene price index, the European market maintained high price levels due to finite supplies. Production output was hampered by maintenance plans at refineries. Overall consumption did not significantly increase in spite of these supply-side issues, especially in the agricultural input segment. The market remained solid due to stable usage and limited availability. As a result, sustained supply pressures and steady downstream demands supported the nitro toluene market's steady trajectory throughout the time frame.

Q2 2024:

During the second quarter of 2024, Europe’s nitro toluene market experienced varied pricing driven by a mix of factors. Initially, lower benzene costs created downward pressure on prices, but rising sulfuric acid expenses because of geopolitical tensions countered this effect. Production interruptions resulted in supply limitations, which further complicated the market environment. Issues in the supply chain, combined with expectations of extended warm periods, intensified cost pressures. The second half of the quarter experienced a rise in prices due to a rebound in seasonal demand within the automotive and construction industries and a heightened emphasis on sustainable practices. Strategic inventory purchases by key market players supported this trend. Overall, robust demand, limited supply, and rising feedstock expenses maintained an optimistic market perspective with forecasts of additional cost hikes ahead.

Q3 2023:

In Q3 FY 2023, the European market for Nitrotoluene experienced a significant downturn in July due to decreased energy costs and reduced import prices. Although there was a slight recovery in the subsequent months, the overall demand remained weak, influenced by factors such as rising interest rates which curtailed consumer spending and led to increased inventory levels. The construction sector's continued underperformance further suppressed demand for Nitrotoluene-derived products like plastics. Despite these challenges, prices managed to stabilize somewhat, supported by modest demand from the automotive and renewable energy sectors.

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

North America Nitro Toluene Price Trend

Q1 2025:

As per the nitro toluene price index, in Q1 2025, nitro toluene prices in North America, particularly the USA, were influenced by a mix of low demand and supply-side challenges. January saw price declines amid reduced activity in the polyester and dye sectors, further pressured by seasonal cold weather. February brought a price increase driven by tight supply from plant shutdowns and rising feedstock costs, despite continued weak demand. March prices stabilized at February levels as uncertainty from trade tariffs and sluggish downstream consumption persisted. The quarter ended with pricing volatility shaped by cautious market sentiment, production disruptions, and limited recovery in end-use sectors.

Q2 2024:

Throughout the second quarter of 2024, the nitro toluene market in North America showcased mixed pricing trends because of diverse factors. A decline in benzene costs initially pressured prices downward, but rising sulfuric acid costs offset this due to geopolitical issues. Production disruptions further limited supply, adding to price volatility. The hurricane season and other geopolitical concerns exacerbated supply chain challenges, contributing to increased prices. Major downstream industries, such as isocyanates and pharmaceuticals, participated in vigorous inventory buildup as natural gas and crude prices increased. This resulted in considerable effects on market conduct. Overall, the region’s market remained positive, with constrained supply and escalating raw material costs fueling expectations of continued cost rises.

Q3 2023:

In Q3 FY 2023, the North American nitro toluene market began with stable prices in July due to steady demand for dyes and rubber chemicals. Rising costs in August, prompted by OPEC+ production cuts, impacted the market, with domestic supply being the primary source and only minor imports. The demand for polyurethane plastics declined significantly, influenced by rising mortgage rates and a struggling construction sector, leading to increased inventory and necessary destocking. Despite these challenges, the automotive sector helped maintain chemical margins, supporting a weak recovery in the market.

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

Middle East and Africa Nitro Toluene Price Trend

Q1 2025:

The report explores the nitro toluene trends and nitro toluene price chart 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 nitro toluene prices for countries can also be provided.

Asia Pacific Nitro Toluene Price Trend

Q1 2025:

In Q1 2025, nitro toluene prices in the Asia Pacific region, particularly China, followed a steady upward trend driven by tight supply and firm demand from the dyes and pigments sector. January saw cost pressures from global port congestion, labor shortages, and holiday-related disruptions. February brought further gains as low inventories and stable downstream demand supported firmer pricing despite easing feedstock costs. By March, robust consumption and supplier-led price revisions intensified bullish sentiment. Strong buyer interest, proactive procurement, and limited supply contributed to sustained price increases throughout the quarter, reflecting a dynamic and supply-sensitive market environment.

Q2 2024:

In the Asia Pacific, the nitro toluene market faced a downturn in the second quarter of 2024 because of oversupply and restricted use in major industries. Increased production and inventory accumulation, in addition with lowered engagement in agrochemicals, pharmaceuticals, and toluene diisocyanate (TDI), exerted downward pressure. Variations in raw material costs and international economic difficulties contributed to the adverse sentiment. Japan experienced considerable cost changes, marked by a pessimistic perspective because of high inventory levels and reduced need from the construction and automotive sectors. Seasonal influences also played a part in the decline, as reduced summer activities impacted usage. The price trend displayed a significant decline, particularly in the later part of the quarter.

Q3 2023:

In Q3 FY 2023, the Asia Pacific Nitrotoluene market showed a bullish trend, driven by rising costs of feedstocks like Toluene due to OPEC+ crude production cuts and global energy shortages. Supply disruptions were exacerbated by cyclonic activities and inconsistent rainfall across the region. Despite weak polyurethane demand, the plastics and textiles sectors saw increased demand for Nitrotoluene, supported by aggressive domestic procurement and positive economic stimuli from the government.

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

Latin America Nitro Toluene Price Trend

Q1 2025:

Latin America's nitro toluene market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in nitro toluene prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the nitro toluene price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing nitro toluene pricing trends in this region.

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

Nitro Toluene Price Trend, Market Analysis, and News

IMARC's latest publication, “Nitro Toluene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” 

presents a detailed examination of the nitro toluene market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of nitro toluene at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed nitro toluene prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting nitro toluene pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Nitro Toluene Market Analysis

The global nitro toluene market size reached 492.76 Thousand Tonnes in 2024. By 2033, IMARC Group expects the market to reach 671.59 Thousand Tonnes, at a projected CAGR of 3.33% during 2025-2033.

• Augmenting demand in the manufacture of polyurethane foams and other plastic products, which are indispensable in various sectors including automotive, construction, and consumer goods is fueling the market.
• The economies expand and industrial activities increase, the demand for materials with high performance and versatility, like nitro toluene, escalates.
• The rising focus on agricultural output enhancements supports the demand for nitro toluene-derived pesticides, contributing to higher crop yields and efficient farming practices.
• Continual advancements in regulatory frameworks globally are shaping production standards and usage guidelines, ensuring safety and sustainability in operations.
• The stringent environmental regulations are pushing the nitro-toluene industry towards innovation, particularly in developing more sustainable and less toxic derivatives.
• Nitro-toluene derivatives are increasingly used in the formulation of high-performance coatings and sealants, offering improved adhesion, resistance to harsh chemicals, and durability under extreme conditions.
• The rapid expansion of the electronics industry, for example, plays a significant role, as nitro-toluene-based compounds are used in the production of electronic components like printed circuit boards (PCBs) through the synthesis of specific chemicals that enhance the durability and conductivity of these components.
• As governments and corporations invest more in renewable energy, the demand for such high-performance materials is expected to increase, thus propelling the market for nitro toluene.
• Nitro-toluene derivatives are used as intermediates in the synthesis of certain aromatic compounds used in perfumes and other personal care products.
• As consumer spending power increases globally, particularly in developing regions, there is a higher demand for luxury and personal care products, which in turn fuels the demand for nitrotoluene.
• Rapid diversification of the textile industry into more specialized and high-performance products offers another growth avenue for nitro-toluene.
• The e-commerce platform continues to expand globally, and the need for reliable and robust packaging solutions increases, augmenting the demand for chemicals that can provide these properties.

Nitro Toluene News

The report covers the latest developments, updates, and trends impacting the global nitro toluene industry, 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 nitro toluene production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the nitro toluene price trend.

Latest developments in the nitro toluene industry:

• In 2023, LANXESS achieved first place in the "Chemicals" category of the Dow Jones Sustainability Index (DJSI) Europe with a score of 79 out of 100 and ranked third in the DJSI World, excelling in climate strategy, water, product stewardship, and occupational safety.
• In 2024, Covestro has set a short-term target to reduce its scope 3 greenhouse gas emissions by 10 million metric tons, or 30%, by 2035 from the 2021 baseline, accounting for some growth-related emissions. The company aims for climate neutrality in scope 3 emissions by 2050.
• In March 2023, At the World Economic Forum in Davos, Sinopec and BP signed an MoU to enhance collaboration across fuel retailing, oil and gas trading, and other sectors, while also exploring low-carbon initiatives like EV charging, this partnership aims to drive the energy transition and expand its influence in new and emerging markets.

Product Description

Nitrotoluene is a chemical compound that is prepared via nitration of toluene in the nitration process, where nitro groups are introduced to the toluene molecule. This technique traditionally is performed by a blend of nitric and sulfuric acid. Nitrotoluene primarily comes in three isomers: ortho-nitrotoluene (o-nitrotoluene), meta-nitrotoluene (m-nitrotoluene), and para-nitrotoluene (p-nitrotoluene), where the nitro group is attached to the positions C1, C2, or C4 of the benzene ring.

Nitrotoluene, having the key function of a building block of many other chemicals, is of critical importance to the chemical industry which relies on it. Nitrotoluene derivates are important production one of which is toluene diisocyanate which is used by polyurethane foam manufacturers. Research on nitrotoluene has confirmed its efficiency, attributed to its use in many fields. It is a platform for the development of different valuable high-demand chemicals and materials that in turn support sectors such as agriculture and consumer products. Agricultural nitrotoluene derivatives are commonly used to give rise to efficient pesticides that can enhance crop yields and quality.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of nitro toluene 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 nitro toluene 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 nitro toluene price charts ensure our clients remain at the forefront of the industry.