Aniline Price in USA
- United States: $1786 /MT
the cost of the aniline in the USA hovered at 1786 USD/MT
The latest report by IMARC Group, titled "Aniline Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of aniline prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Aniline Prices Analysis 2024:
- South Korea: $1575 /MT
- Belgium: $1465 /MT
Report Offering:
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The study delves into the factors affecting aniline price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Aniline Price Trend- Last Quarter
The aniline market is driven by its widespread use in the production of methylene diphenyl diisocyanate (MDI), a key component in manufacturing polyurethane foams. The growing demand for polyurethane in industries such as automotive, construction, and furniture, where it is used for insulation, cushioning, and structural components, significantly boosts aniline consumption.
Furthermore, aniline is an essential intermediary in the production of pigments and dyes, especially in the leather and textile sectors where strong, bright colors are always required. Because rubber chemicals and pharmaceutical products are made using derivatives of aniline, the pharmaceutical and rubber sectors also contribute to the expansion of the market. Moreover, the market's growth is supported by the growing demand for goods based on aniline, which is driven by the expansion of infrastructural projects and growing industrial activities in emerging regions. Technological developments in aniline manufacturing with the goal of increasing productivity and minimizing environmental effect are driving the market expansion even more.
Aniline Industry Analysis
North America
In Q2 2024, the North American aniline market experienced oscillations driven by several key factors. A primary influence was the consistent rise in feedstock Benzene prices, which were affected by variations in crude oil costs and strong demand from derivative industries. This increase in production costs, combined with steady demand from sectors such as pharmaceuticals and polyurethanes, exerted upward pressure on aniline prices. Additionally, logistical challenges due to weather disruptions and tighter supply chains worsened the situation, making aniline scarcer and more expensive toward the end of the quarter.
Asia-Pacific
Like the North American market, the second quarter of 2024 saw a seesaw movement in aniline prices in the Asia-Pacific area due to a combination of supply and demand dynamics, mild variations in the price of upstream feedstock, and steady consumption from downstream industries like polyurethanes and pharmaceuticals. The aniline market was able to function without major interruptions despite several global economic concerns, such as increased demand for fertilizer feedstocks and production cuts by OPEC+. Aniline pricing's resiliency demonstrated the market's ability to resist outside influences and preserve equilibrium.
Europe
Aniline prices have fluctuated in Europe during the second quarter of 2024, like those in Asia and North America. These variations have been mainly caused by important macroeconomic factors and sector-specific variables. A difficult production environment has been created by a limited supply of feedstock benzene, which is impacted by volatility in upstream naphtha and crude oil prices, in addition to output limitations brought on by a workforce scarcity. The seasonal decline in demand from downstream industries, particularly MDI makers, compounded the pressure on prices. These supply-side limitations and modest downstream offtakes kept the general market attitude negative during strong demand cycles from the pharmaceutical industry.
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Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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