Nitro Chlorobenzene prices surged in the first week of January xxxx after experiencing a significant decline in the early weeks of December xxxx, as optimism persists in the markets regarding the general economic situation. The dyes and pigment market is witnessing an uptick in demand sentiments after eight to nine months of contraction in demand from early xxxx, primarily due to weakening export demand from Europe and the USA. Nitro Chlorobenzene demand in xxxx was largely driven by agrochemicals and pharmaceutical volumes. In the first week, an uptick in procurement activities in the dyes and pigments market was observed, stabilizing the declining trend of prices. Para Nitro Chlorobenzene was traded around USD xxxx/mt spot prices in the early week of January in Asian markets, deflating by xx YoY basis while remaining xxx above pre-pandemic price levels.
In European and American markets, demand for Nitro Chlorobenzene and derivatives...
