Trithiocyanuric acid

Sulfurizing Agent TMT: Recent Commodity Market Intelligence Report

I. Core Price Data
1. Quotation as of June 11, 2026
- Hubei Jiuding Biotechnology Co., Ltd. (Hubei production base): RMB 3,000 per metric ton (15% TMT content).
- Wuhan Xinyanghai Chemical Co., Ltd. (Hubei production base): RMB 3,400 per metric ton (historical data, dated November 4, 2024).

2. Price Fluctuation Review for 2025
- Average monthly price from January to December 2025: RMB 3,000–3,400 per metric ton; peak prices of RMB 3,400/ton occurred in March, April, and October, while other months remained stable at RMB 3,000/ton.
- Wuhan Hengjiu Chemical Co., Ltd. quotation as of December 17, 2025: RMB 3,000 per metric ton.

3. Pricing for Special-Specification Products
- Chongqing Ruiya Biotechnology Co., Ltd. (updated June 18, 2026):
- Packaging: 25 kg or 200 kg drums; recommended selling price: RMB 1,200 per kilogram (minimum order quantity ≥25 kg).
- Application: Dedicated sulfurizing agent for acrylic rubber (ACM) and epichlorohydrin rubber (CO/ECO); eliminates the need for secondary vulcanization and delivers exceptional oil resistance and heat resistance.

II. Market Driving Factor Analysis
1. Downstream Demand Structure
- Rubber Industry Dominance: TMT is primarily used in tire, hose, and belt manufacturing. In 2024, the global market size for TMT-based rubber vulcanizing accelerators reached USD 3.56 billion, with the Asia-Pacific region accounting for 62%—of which China contributed over 40%.
- Growth in Specialty Rubber Demand: Rising penetration of acrylic rubber (ACM) in automotive sealing components and oil-resistant hoses is driving demand for TMT as a dedicated vulcanizing agent.

2. Supply-Side Dynamics
- Production Capacity Concentration: China accounts for 75% of global TMT production capacity. Key producers include a Shandong-based chemical group and a Jiangsu-based new materials company; technological upgrades have lowered production costs.
- Regional Price Differentials: Quotations in the Hubei production base remain stable at RMB 3,000–3,400 per metric ton, whereas Chongqing’s quotations are significantly higher due to product differentiation (e.g., high-purity, specialty-grade formulations).

3. Policy and Cost Impacts
- Environmental Regulations: Growing global demand for green chemical products benefits TMT, recognized as a low-pollution vulcanizing accelerator.
- Raw Material Volatility: Prices of key raw materials—including urea and formaldehyde—are influenced by international markets; however, no significant fluctuations have occurred recently, resulting in limited cost pressure on TMT production.

III. Price Trend Forecast
1. Short-Term (1–3 Months)
- Stable with Slight Adjustment: Mainstream quotations in the Hubei production base are expected to hold within RMB 3,000–3,200 per metric ton; specialized products in Chongqing will likely sustain elevated pricing, supported by strong end-user demand.
- Risk Factor: Should traditional off-season demand weakness in the rubber industry (July–August) materialize, conventional product prices may decline to RMB 2,800–3,000 per metric ton.

2. Medium-to-Long Term (6–12 Months)
- Upward Drivers:
Electrification of the automotive industry is boosting demand for high-performance rubber sealing components, increasing TMT’s application share in specialty rubbers.
Chinese enterprises are expanding into Southeast Asian and Middle Eastern markets via the Belt and Road Initiative, with export growth potentially offsetting domestic demand volatility.
- Potential Pressures:
Seasonal agricultural demand-driven increases in urea prices could be partially passed through to TMT production costs.

IV. Key Market Signals
1. Divergent Corporate Quotation Strategies:
- Conventional products (e.g., Hubei-based offerings) prioritize stable supply and face intense price competition.
- Specialty products (e.g., Chongqing-based offerings) adopt high-value positioning to avoid price wars, with projected gross margins sustained at 30%–40%.

2. Rising Industry Concentration:
- Leading enterprises are expanding market share through technology upgrades and environmental compliance, while smaller manufacturers—constrained by cost pressures—are gradually exiting the market, leading to improved supply-demand equilibrium.

3. Limited Threat from Substitutes:
- TMT remains irreplaceable for acrylic rubber (ACM) applications due to its unique performance profile; alternative vulcanizing agents (e.g., thiram-type accelerators) cannot fully satisfy ACM’s stringent requirements for oil and heat resistance.