Product
Toluenediamine Price Trend and Forecast
Toluenediamine Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Toluenediamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Toluenediamine Price Trend for the Second Half of 2022
Asia
In the Asian Pacific region, the prices of Toluenediamine fluctuated due to the sea-saw trend followed by the prices of feedstock toluene. The decline in the prices during the initial months of the third quarter was due to the dwindling operational costs and extreme weather conditions in the region. The effects of the depreciating value of the currency and the slow economic growth further aided this price drop. In the fourth quarter, the crude oil prices were unstable along with the downstream demands from industries such as paints, coatings, etc., resulting in sluggish price trends for Toluenediamine.
Europe
A declining trend in the prices of Toluenediamine was persistent throughout the third and fourth quarters in the European region. The prices declined majorly due to rising inflation and weak demand from the end-user industries. The prices were also affected by the rise in inventory levels along with the falling crude oil prices. Due to the above-mentioned factors, consumer confidence in the market remained weak and the prices of Toluenediamine followed a downward trajectory.
North America
The prices fluctuated during the said period as the decreased demand from the downstream industries adversely affected the market. Low demand also raised the inventory levels and thus the supply and demand equilibrium of the market was disrupted. However, there was a slight improvement in the prices towards the end of the third quarter as the demand improved slightly and the production costs also declined due to the decline in natural gas costs. However, this trend was not followed in the fourth quarter and the prices nosedived.
Analyst Insight
According to Procurement Resource, the price trends for Toluenediamine are expected to follow a downward trajectory due to the weak demand from the end-sector industries, sluggish behaviour of the market, and uncertain crude oil prices.
Procurement Resource provides latest prices of Toluenediamine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Toluenediamine is collectively used to refer to all the ortho and para isomeric forms of toulenediamine with the same common formula. But, depending on the position of the -amino groups, the properties of the isomers change. 2,4-diaminotoluene (one of the isomeric forms) is produced by hydrogenating 2,4-dinitrotoluene using a nickel catalyst. Its reaction with the chemical compound benzene diazonium chloride gives the cationic azo dye Basic Orange 1.
Product Details
| Report Features | Details |
| Product Name | Toluenediamine |
| HS CODE | 292151 |
| CAS Number | 25376-45-8 |
| Industrial Uses | Organic Dyes, Hair Dyes, Rubber Industry, Chemical Substrate |
| Chemical Formula | C7H10N2 |
| Synonyms | Diaminotoluene, Methylphenylene diamine, TDA, Toluenediamine isomers, Tolylenediamine |
| Molecular Weight | 122.17 g/mol |
| Supplier Database | BASF SE, Cangzhou Dahua Group Co., Ltd., Covestro AG, Fujian Southeast Electrochemical Co., Ltd. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Toluenediamine from Toluene
In process involves hydrogenating dinitrotoluene in the presence of an acid catalyst in a continuous well-stirred tank reactor. Then the unreacted substrates are separated, giving crude toluenediamine refined via distillation.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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