In the second half of the first month of xxxx, the Aniline price trend shifted as import costs witnessed a reduction of almost xx in the country amid an increase in inventory levels due to improved supply chain activities and reduced offtakes from downstream industries. The heavy rainfall increased the water levels of the Panama Canal and improved shipping activities. Simultaneously, the demand for Aniline was sluggish, and market sources indicated that the USA manufacturing sector Purchasing Manager’s Index decreased in December xxxx and remained below xx points amidst a deacceleration in new orders from the buyers and a consequent decline in the industrial production rates. The demand for Polyurethane slightly cooled in the Automotive industries due to production halts of gas vehicles amid new regulations in the region. Consequently, the orders for Aniline were depressing from the Methylene Diphenyl Diisocyanate producers due to reduced consumption rates in...
