North America Aniline Prices Movement Q3:
Aniline Prices in United States:
In Q3 2024, aniline prices in the United States fell to 1540 USD/MT, driven by reduced demand from methylene diphenyl diisocyanate (MDI) manufacturers and decreased polyurethane consumption in the construction and manufacturing sectors. Weaker demand led to elevated inventory levels, intensifying downward pressure on prices. Additionally, diminished cost support from benzene, along with increased crude oil supply and heightened refinery activities, contributed to lowering production costs. These combined factors fostered bearish market conditions, resulting in a steady decline in aniline prices over the quarter.
APAC Aniline Prices Movement Q3:
Aniline Prices in China:
In Q3 2024, aniline prices in China steadily declined, reaching 1225 USD/MT by September. This decrease was primarily attributed to weak demand from MDI producers, driven by reduced consumption in critical sectors like automotive and construction. Elevated inventory levels created additional market pressure as supply exceeded the slow demand. The pricing trend was further weakened by diminished feedstock support from benzene. Seasonal disruptions and geopolitical challenges, including effects on crude oil imports, added complexity to the market. However, these factors were insufficient to counteract the overall bearish conditions that persisted throughout the quarter.
Europe Aniline Price Movement:
In Q3 2024, aniline prices in Germany gradually rose, reaching 1550 USD/MT by September. This upward trend was mainly supported by steady demand from the pharmaceutical sector, which bolstered market activity. Although demand from MDI manufacturers weakened due to reduced construction activity, supply constraints arising from summer holidays and limited labor availability contributed to the price increase. Furthermore, improved crude oil supply and efficient refinery operations helped stabilize production costs, enabling consistent price growth despite mixed economic indicators. Together, these factors influenced the market dynamics, driving the gradual rise in aniline prices throughout the quarter.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Aniline Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Aniline price trend, offering key insights into global Aniline market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Aniline demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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