Aniline Prices

Aniline Prices Sepetmber 2024

The aniline prices in the United States for Q3 2024 reached 1540 USD/MT in September. The region saw a decline in prices due to weak demand from methylene diphenyl diisocyanate (MDI) manufacturers and lower polyurethane consumption in construction and manufacturing. This trend led to higher inventories and further impacted prices. In addition, cost support from Benzene diminished, while increased crude oil supply and refinery activities reduced production expenses, accentuating bearish market conditions.

The price trend for aniline in China for Q3 2024 reached 1225 USD/MT in September. The market faced a consistent reduction in prices driven by weak requirement from MDI producers amid reduced consumption in sectors like automotive and construction. Elevated inventory levels and weaker feedstock support from benzene also pressured prices. Seasonal disruptions and geopolitical factors impacting crude oil imports introduced complexity but did not offset the overall negative trend.

In Germany, the aniline prices for Q3 2024 reached 1550 USD/MT in September. The market faced a gradual increment of prices because of moderate demand, particularly from the pharmaceutical sector. Although reduced activity in construction affected MDI manufacturers' demand, summer holidays and limited labor availability strained supply, supporting price growth. Improved crude oil supply and refinery operations later impacted production costs, maintaining an upward pricing trend despite mixed economic signals.

Aniline Prices June 2024

The aniline prices in the United States for Q2 2024 reached 1755 USD/MT in June. The market saw a downward shift as the demand weakened within the manufacturing and construction industries. Moreover, low benzene costs and steady refinery outputs compounded the decrease, leading to high inventory and a steady bearish pricing trend.

The price trend for aniline in South Korea for Q2 2024 settled at 1565 USD/MT in June. The market experienced a decline, impacted by low demand from key sectors and excess inventory levels. Apart from this, seasonal weather changes and crude imports added supply fluctuations, along with weak benzene prices that reinforced the negative pricing environment throughout the quarter.

In Germany, the aniline prices for Q2 2024 reached 1470 USD/MT in June. The market rose moderately due to pharmaceutical demand and summer-season supply constraints, despite weaker MDI consumption from construction. Moreover, by late Q3, increased benzene availability lowered feedstock costs, resulting in a steady rise in aniline prices in a controlled market environment.

Aniline Prices December 2023

The aniline prices fluctuated throughout in the United States. The prices rose initially due to insufficient inventory, yet nearing December, the cost of the aniline in the USA hovered at 1786 USD/MT. This trend was also influenced by the shortage of supply from exporters and the high-cost support on feedstock benzene due to the rise in upstream prices associated with crude oil production cuts by OPEC+ and Russia.

The price of aniline in South Korea for Q4 2023 reached 1575 USD/MT in December 2023, considering middling manufacturing rates and reachability to supplies. Despite moderate demand in the beginning, production output increased near the quarter end, leading to a steep price drop.

In Belgium, aniline prices for Q4 reached 1465 USD/MT in December. The initial spike in aniline prices was caused by the limited supply of feedstock nitric acid, which was fueled by the continuous demand for agrochemicals and the concurrent rise in upstream natural gas costs due to the increased need to fill storage capacity before winter.

Regional Coverage

The report provides a detailed analysis of the aniline market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the aniline price trend.

Global Aniline Price

The report offers a holistic view of the global aniline pricing trends in the form of aniline price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into aniline historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into aniline price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aniline demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Aniline Price

Q3 2024:

In Europe, the aniline market displayed a steady increase in prices throughout Q3 2024 despite facing mixed demand dynamics. While application in the pharmaceutical industry stayed robust, the construction industry's downturn limited the growth potential for MDI manufacturers. Summer holidays and reduced labor availability caused supply constraints, contributing to fluctuating market conditions. Although the Eurozone's manufacturing activity weakened, partially offsetting the bullish trend, supply-side pressures kept prices elevated. Concerns about a potential US recession also influenced international crude oil markets, affecting feedstock supplies and manufacturing capacities. By the end of the quarter, improved crude oil production from Libya and heightened refinery activity led to increased feedstock availability, influencing production costs yet maintaining the quarter's upward pricing momentum.

Q2 2024:

The prices for aniline in Europe experienced a slight rise in Q2 2024, fueled by the hike in demand from sectors like pharmaceutical and MDI producers. Moreover, the reduced product consumption in the construction industry curbed sharper hikes in rates by tempering MDI demand. Along with this, supply-side limitations due to seasonal labor shortages along with lowered summer activities tightened the logistics. In addition to this, the improved benzene availability in late Q3, spurred by renewed crude supplies, stabilized feedstock prices, leading to a hike in aniline prices by quarter’s end, reflecting a controlled and positive climate.

Q4 2023:

In the latter half of the fourth quarter of 2023, the European aniline market saw notable price fluctuations. Initially, aniline prices augmented due to disruptions in production caused by a shortage of nitric acid. This shortage stemmed from high demand in the agrochemical sector and rising natural gas prices, as companies rushed to fill storage before the winter season. Concurrently, improvements in feedstock benzene availability following restarted refinery operations in North America and a reduction in nitric acid demand helped stabilize manufacturing rates and inventory levels of aniline.

This analysis can be extended to include detailed aniline price information for a comprehensive list of countries.

North America Aniline Price

Q3 2024:

During the third quarter of 2024, Aniline prices in North America experienced a persistent downward trend driven by various contributing factors. A key aspect was reduced demand from MDI manufacturers, stemming from lower consumption of Polyurethane products in critical sectors like construction and manufacturing. This market slowdown resulted in higher inventory levels, affecting the overall price stability. The situation was compounded by diminished cost support from feedstock Benzene, which impacted production expenses. During the latter part of the quarter, increased crude oil supply and heightened refinery activities provided an abundance of feedstocks, leading to further declines in manufacturing expenses. Additionally, disruptions caused by Hurricane Helene affected downstream consumption and supply chains, adding to domestic stockpiles and contributing to bearish market sentiments.

Q2 2024:

In the second quarter of 2024, the aniline prices in North America showed a steady decline, majorly impacted by decreased product consumption from methylene diphenyl diisocyanate (MDI) producers and weak activity in the manufacturing and construction industries. This decline led to elevated inventories as consumption of polyurethane materials dropped. Furthermore, the reduced cost of raw material benzene contributed to lower manufacturing expenses, further pressuring aniline prices. Following the end of the quarter, heightened crude oil availability and expanded refinery operations stabilized feedstock supplies, leading to domestic stockpiles and lowered demand, thus maintaining the downward pricing trend.

Q4 2023:

During the fourth quarter of 2023, the aniline market in North America experienced significant price fluctuations. In the beginning, prices emerged because of weak production rates and constrained supplies from exporters. This situation was exacerbated by elevated feedstock benzene costs, driven by higher challenging prices linked to OPEC+ and Russian crude oil production cuts. Additionally, reduced water levels in the Mississippi River led to logistical restrictions, further impacting product supply in the region. Consumption from downstream industries, including MDI manufacturers and dye producers, remained subdued, contributing to market volatility.

Specific aniline historical data within the United States and Canada can also be provided.

Middle East and Africa Aniline Price

The report explores the aniline pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on aniline prices for countries can also be provided.

Asia Pacific Aniline Price

Q3 2024:

The Asia-Pacific region's Aniline market in Q3 2024 witnessed a predominantly bearish trend, marked by a continual fall in prices. The weak need from MDI manufacturers, attributed to the decreased use of Polyurethane in sectors like automotive and construction, played a significant role in this price decline. Economic challenges and an oversupplied market further exacerbated the issue, resulting in surplus raw materials. Fluctuations in upstream feedstock costs, particularly Benzene, on account of variable crude oil expenses and reduced downstream demand, also contributed to the negative pricing environment. Although slight price increases were noted due to seasonal disruptions, such as monsoons and geopolitical events influencing crude oil imports, they were insufficient to reverse the downward trend, resulting in sustained market pressure.

Q2 2024:

The price of aniline in the Asia Pacific region showed a downward trend in Q2 2024, impacted by lowered consumption from MDI producers as polyurethane consumption dropped across sectors like construction and automotive. In addition to this, the weak conditions of the economy and heightened supply of aniline led to increased stockpiles. This was further exacerbated by lower upstream benzene support as crude oil rates fluctuated. While minor increases appeared by August due to interruptions from weather changes and geopolitical conflicts influencing the imports of feedstock, overall, aniline prices remained on a decreasing path.

Q4 2023:

During the fourth quarter of 2023, the aniline market in Asia Pacific saw varied price movements due to shifting manufacturing and supply dynamics. China, a major producer of aniline, was impacted earlier in Q4 by reduced feedstock accessibility because of production cuts by OPEC+ and Russia. The high demand from agrochemical producers preparing for winter applications further strained supply levels and raised costs for nitric acid. Despite these pressures, demand for aniline from importers and buyers remained steady.

This aniline price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Aniline Price

The analysis of aniline prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Aniline Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Aniline Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of aniline pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of aniline at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of aniline price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing aniline price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Aniline Market Analysis

The global aniline market size reached 9.9 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 15.2 Million Tons, at a projected CAGR of 4.70% during 2023-2032.

• The expanding applications of polyurethane polymers in foam insulation, fibers, and elastomers that find massive adoption across the automotive and construction industry, where energy efficiency and lightweight materials are greatly prioritized, are aiding in market expansion. Concurrently, since aniline serves as an important feedstock in the production of polyurethane, the flourishing expansion of the automotive sector also bolsters the demand for aniline.
• Innovative production technologies allowing more efficient aniline synthesis along with improvements in catalysis and process optimization have resulted in higher yields, making this compound more economically viable and sustainable, thereby impelling the market growth.
• Since benzene serves as a key raw material to make aniline, expanding availability and changes in the cost of benzene greatly affect the aniline market. In confluence with this, the fluctuation in the prices of crude oil is acting as another pivotal driver of the aniline market.
• Steadfast industrialization and commercialization in APAC, in countries like China and India, making them large consumers and a key producer of aniline are providing an impetus to the market growth.
• Severe regulations and policies about environment and health across the globe are influencing the aniline market. The compound is classified as toxic, and exposure can have serious health implications, leading to strict handling, storage, and disposal regulations. This has prompted research and development (R&D) into safer production methods, creating a favorable outlook for market expansion.
• Escalating awareness and initiatives towards sustainability and a circular economy spurring the development of bio-based aniline and recycling methods is acting as another significant growth-inducing factor.
• Apart from this, aniline is finding new applications in pharmaceuticals, agriculture, dyes, and more. This diversification, encouraged by persistent R&D initiatives is contributing to the increasing demand and sales of aniline.

Aniline News

The report covers the latest developments, updates, and trends impacting the global aniline market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in aniline production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aniline price trend.

Latest developments in the aniline industry:

• In June 2023, Bayer Material Science announced that it would hold its Pharmaceuticals R&D Event for Investors in 2023. In its four therapeutic core areas oncology, cardiology, neurology and rare diseases, and immunology, —Bayer will provide a detailed analysis of its innovation approach during this event.
• In August 2022, Huntsman International finalized the deal to purchase Huntsman Corporation's Textile Effects division, which was set to go on the market at the end of 2021.
• In October 2020, Mitsubishi Chemical entered into a binding contract to purchase all of the shares of Gelest Intermediate Holdings, Inc., Gelest's parent company.

Product Description

Aniline is an organic compound that is useful and adaptable in a variety of industries. It is essential in chemical synthesis and acts as a precursor to make other chemicals due to its clear and colorless appearance.

Aniline is employed in the manufacturing of many polymers, such as nylon and polyurethane. Its chemical structure makes it easier for to bond with other compounds, making it possible to create an array of materials with unique characteristics and properties.

Aside from that, aniline is also used for making dyes and pigments in the textile industry as well as pharmaceuticals and rubber processing, contributing to the vibrant hues of fabrics and the efficacy of medicines.

While aniline offers infinite possibilities, its toxic nature requires proper handling and adherence to safety protocols. However, recent advancements in sustainable production methods ensure minimal environmental impact, aligning with the ethos of responsible manufacturing.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of aniline pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting aniline price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aniline price charts ensure our clients remain at the forefront of the industry.