In mid of April xxxx the Nitro Toluene market in Asia remained rangebound due to balanced market conditions.
The supply situation for Nitro Toluene during this timeframe was marked by sufficient inventory levels. Suppliers were able to sustain their prices amid moderate trading activity which helped maintain a sense of stability in the market. According to market participants limited fresh offers from suppliers contributed to the overall stability in the Nitro Toluene market. Buyers also exercised caution by focusing primarily on immediate restocking needs rather than making large orders.
The overall market sentiment remained cautious, with market participants citing worries over the ambiguity in the downstream market for the coming weeks. Typically demand for Nitro Toluene increases during summer largely due to increased consumption in the dyes and pigment for the textile sector. However, unlike before demand for Nitro Toluene continued to remain dull....
