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Nitrobenzene price index

This post is a summary of the Nitrobenzene price developments. The price developments of Nitrobenzene are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Nitrobenzene price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Nitrobenzene prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Nitrobenzene prices
  • Recent price developments of underlying feedstocks which drive the price of Nitrobenzene
  • Market futures for both cost drives and feedstocks of Nitrobenzene prices
  • Adjustment of current supply/demand imbalances in the Nitrobenzene market
  • Longer term trends in likely demand conditions

Further information on the Nitrobenzene price index

 

What is Nitrobenzene

Nitrobenzene is a chemical compound with the formula C6H5NO2. It is a colorless to pale yellow liquid with a sweet, mousy odour. Nitrobenzene is highly flammable and is toxic if ingested or inhaled. It is used as an intermediate in the production of a range of chemicals, including aniline, a key feedstock in the manufacture of plastics, rubber, dyes, and pharmaceuticals. Nitrobenzene can also be used as a solvent for various materials, including resins, waxes, and rubber. It is also used in the production of a range of pesticides and herbicides. In addition to its use in the chemical industry, nitrobenzene has also been used in the past as a shoe polish and as a solvent for inks and paints. However, it has largely been replaced by safer alternatives in these applications. Nitrobenzene should be handled with caution, as it can be harmful if inhaled, ingested, or absorbed through the skin.

 

How is Nitrobenzene produced

There are several ways to produce nitrobenzene, but the most common method is through the nitration of benzene. This process involves the reaction of benzene with nitric acid and sulfuric acid to produce nitrobenzene. The reaction typically takes place in a reactor, and the resulting product is then separated and purified through distillation. The exact process may vary depending on the specific manufacturer and the desired characteristics of the final product.

In addition to the nitration of benzene, nitrobenzene can also be produced through the reduction of nitrosobenzene or the nitration of aniline. These methods are less common than the nitration of benzene. Nitrobenzene is a key intermediate in the production of a range of chemicals, including aniline, and it is used in the manufacture of a range of products, including plastics, rubber, dyes, and pharmaceuticals. It is also used as a solvent for various materials, including resins, waxes, and rubber, and in the production of pesticides and herbicides.

 

What is Nitrobenzene used for

Nitrobenzene is a chemical compound that is used as an intermediate in the production of a range of chemicals, including aniline, which is a key feedstock in the manufacture of plastics, rubber, dyes, and pharmaceuticals. Nitrobenzene is also used as a solvent for various materials, including resins, waxes, and rubber. It can be used to dissolve a wide range of substances and is particularly effective at dissolving materials that are otherwise difficult to dissolve, such as waxes and resins.

In addition to its use in the chemical industry, nitrobenzene has also been used in the past as a shoe polish and as a solvent for inks and paints. However, it has largely been replaced by safer alternatives in these applications. Nitrobenzene should be handled with caution, as it can be harmful if inhaled, ingested, or absorbed through the skin.

 

How big is the Nitrobenzene market

It is difficult to accurately estimate the size of the nitrobenzene market, as it is a chemical intermediate that is used in the production of a range of chemicals and products, and data on its production and consumption is not widely available. Nitrobenzene is an intermediate in the production of a range of chemicals, including aniline, which is a key feedstock in the manufacture of plastics, rubber, dyes, and pharmaceuticals. Nitrobenzene is also used as a solvent for various materials, including resins, waxes, and rubber, and in the production of pesticides and herbicides. It is likely that the market for nitrobenzene is influenced by the demand for these end products, as well as by the availability and price of raw materials and other factors.

According to https://oec.world/ :

Nitrated, nitrosated hydrocarbons are the world’s 3266th most traded product.

In 2020, the top exporters of Nitrated, nitrosated hydrocarbons were China ($56.5M), Germany ($54.5M), Poland ($44.1M), United States ($25.3M), and Ukraine ($20.9M).

In 2020, the top importers of Nitrated, nitrosated hydrocarbons were United States ($73M), Belgium ($48.6M), India ($33.3M), Germany ($22.5M), and Japan ($12M).

 

Further information

 

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Notes on the price-data

  • We aim to update the data series on the 11th and 25th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.
  • We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
  • We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
  • This the index trend of the price of the product group in general and not a single specification in particular
  • The source of the data are exclusively public non-confidential sources
  • We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
  • The chart shows the price trend,  nearly always taken from many statistically-correlated sources 
  • The data is presented in US$. The UOM of measure is shown in the Index list table
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