For the Quarter Ending June 2026
Aniline Prices in APAC
- In South Korea, the Aniline Price Index rose by 17.20% quarter-over-quarter, reflecting recent benzene feedstock disruptions.
- The average Aniline price for the quarter was approximately USD 1458.33/MT, reflecting landed import feedstock pressures.
- Aniline Spot Price eased in June as cheaper benzene and imports pressured offers into Busan.
- Aniline Production Cost Trend weakened as Benzene FOB Seoul fell, enabling exporters to lower offers.
- Aniline Demand Outlook remained muted with polyurethane and rubber sectors procurement restrained, sustaining hand-to-mouth buying.
- Aniline Price Forecast indicates declines as Price Index weakens amid ample imports, soft downstream demand.
- Aniline Price Index volatility tracked freight swings and Hormuz risk, amplifying seller caution on cargoes.
- Chinese and Japanese export offers pressured the market, widening arbitrage and influencing local Price Index.
Why did the price of Aniline change in June 2026 in APAC?
- Feedstock benzene declines reduced production costs, enabling exporters to trim offers into South Korea markets.
- Freight volatility and occasional Hormuz voyage delays raised landed costs unpredictably, supporting seller price adjustments.
- Downstream demand remained subdued with hand-to-mouth purchasing, limiting immediate restocking and capping price recovery momentum.
Taiwan
- In Taiwan, the Aniline Price Index rose by 16.63% quarter-over-quarter in Q2 2026, driven by supply disruption.
- Aniline Spot Price weakened amid comfortable North-East Asian cargoes and subdued downstream purchases, prompting discounting across CFR offers.
China
- In China, the Aniline Price Index rose by 18.71% quarter-over-quarter, driven by feedstock and supply tightness.
- Aniline Spot Price momentum turned bearish in June as producers discounted offers amid domestic availability.
Aniline Prices in Europe
- In Germany, the Aniline Price Index rose by 19.07% quarter-over-quarter, reflecting feedstock-driven supply tightening pressure.
- The average Aniline price for the quarter was approximately USD 1604.33/MT, per Hamburg market assessments.
- Aniline Spot Price strengthened as limited imports, tight merchant stocks and MDI demand tightened availability.
- Aniline Price Forecast indicates modest near-term gains then partial correction as downstream procurement shifts cautiously.
- Aniline Production Cost Trend rose with elevated benzene and energy, pressuring margins and prompting pass-through.
- Aniline Demand Outlook remains supported by MDI polyurethane chains while downstream sectors report muted consumption.
- Aniline Price Index traded above the moving average, reflecting medium-term bullish momentum despite intermittent stability.
- Balanced inland inventories and muted export demand constrained further rally, keeping German spot availability manageable.
- Major producers operated without reported turnarounds, sustaining supply reliability and limiting price volatility during June.
Why did the price of Aniline change in June 2026 in Europe?
- Limited imports and tight merchant stocks reduced availability, tightening physical supply against steady downstream demand.
- Elevated benzene and energy quotations increased production cash-costs, prompting producers to pass costs into offers.
- Overseas routing disruptions lengthened shipments, while German integration limited import relief and sustained buyers' urgency.
Netherlands
- In the Netherlands, the Aniline Price Index rose by 18.498% quarter-over-quarter, driven by strong MDI demand.
- Aniline Spot Price strengthened amid prompt inquiries, limited merchant cargoes, and defensive seller pricing behaviors.
UK (United Kingdom)
- In the UK (United Kingdom), the Aniline Price Index rose by 18.93% quarter-over-quarter, feedstock tightness.
- Balanced import flows cushioned volatility, Aniline Spot Price remained supported by tight merchant availability locally.
Aniline Prices in North America
- In the USA, the Aniline Price Index rose by 15.3% quarter-over-quarter, driven by benzene feedstock.
- The average Aniline price for the quarter was approximately USD 1708.33/MT, reflecting Gulf Coast assessments.
- Aniline Spot Price firmed on steady demand; the Price Index remained elevated above twelve-week average.
- Aniline Production Cost Trend rose as benzene increases pressured margins, prompting tighter supplier pricing discipline.
- Aniline Demand Outlook remains constructive driven by MDI and polyurethane offtake, supporting sustained procurement activity.
- Aniline Price Forecast signals near-term firmness with intermittent corrections as inventories and feedstock dynamics evolve.
- Aniline Price Index reflected supplier margin rebuilding despite stable plant operations and comfortable import volumes.
- Aniline Spot Price volatility moderated as terminal inventories remained near average and export demand subdued.
Why did the price of Aniline change in June 2026 in North America?
- Steady domestic production and sufficient imports kept supply balanced, limiting immediate upward pressure on prices.
- Benzene feedstock softened in June easing production cost trend and reducing upstream cost-push on quotations.
- Supplier margin rebuilding encouraged firmer offers while downstream MDI procurement remained stable, sustaining market support.
For the Quarter Ending March 2026
Aniline Prices in North America
- In USA, the Aniline Price Index rose by 3.01% quarter-over-quarter, reflecting import tightening, benzene support.
- The average Aniline price for the quarter was approximately USD 1518.67/MT, reflecting import and domestic offers.
- Aniline Spot Price strengthened on tightened CFR availability while domestic producers maintained stable operating rates.
- Aniline Price Forecast indicates limited upside near term amid stable demand and periodic feedstock volatility.
- Aniline Production Cost Trend shows benzene and energy increases pressured margins, prompting offer pass-through actions.
- Aniline Demand Outlook remained firm from MDI and construction-related polyurethane sectors, sustaining import coverage needs.
- Aniline Price Index movements were influenced by European maintenance, elevated freight, and importer restocking dynamics.
- Inventory drawdowns and constrained export volumes supported firmer spot offers despite cautious downstream procurement activity.
Why did the price of Aniline change in March 2026 in North America?
- European maintenance reduced export volumes, tightening import availability and lifting landed aniline offers to buyers.
- Feedstock benzene rallied sharply, raising production costs and prompting sellers to lift the Price Index.
- Steady MDI consumption and construction restocking increased demand, drawing down inventories and tightening spot supply.
Aniline Prices in APAC
- In South Korea, the Aniline Price Index rose by 16.04% quarter-over-quarter, driven by tightening feedstock and logistics.
- The average Aniline price for the quarter was approximately USD 1244.33/MT, reflecting import parity pressure.
- Aniline Spot Price firmed as export availability tightened and feedstock benzene supply was disrupted regionally.
- Aniline Price Forecast indicates near-term firmness driven by higher freight costs and constrained cracker rates.
- Aniline Production Cost Trend increased as benzene and naphtha-linked margins widened, pressuring netbacks and offers.
- Aniline Demand Outlook stays steady supported by MDI and polyurethane consumption despite cautious restocking behaviour.
- Aniline Price Index was buoyed by lean inventories and Asian export cargoes, intensifying import competition.
- Major producers cut cracker rates, reducing benzene output and sustaining upward Price Index pressure firmly.
Why did the price of Aniline change in March 2026 in APAC?
- Strait of Hormuz disruptions delayed naphtha shipments, tightening benzene flows and constraining aniline precursor availability.
- Rising freight and insurance costs increased import parity, translating to higher CFR Busan offer levels.
- Lean inventories with steady MDI demand prompted buyers to secure material despite elevated price momentum.
Aniline Prices in Europe
- In Germany, the Aniline Price Index rose by 3.48% quarter-over-quarter, amid benzene and firmer MDI demand.
- The average Aniline price for the quarter was approximately USD 1347.33/MT, based on regional assessments.
- Aniline Spot Price strengthened in March as tight inventories and MDI bookings reduced spot availability.
- Aniline Price Forecast remained upward for early spring, reflecting elevated benzene costs and construction-driven demand.
- Aniline Production Cost Trend increased as benzene and energy expenses rose, pressuring producer margins in Germany.
- Aniline Demand Outlook remains steady with MDI-driven insulation demand offsetting softer construction starts and restocking.
- Aniline Price Index volatility increased late March as energy policy shifts and industrial activity accelerated consumption.
- Regional inventories tightened while exports remained moderate, with producers prioritising domestic contracts over spot shipments.
Why did the price of Aniline change in March 2026 in Europe?
- Rising benzene costs increased production expenses, prompting pass-through and tightening effective supply into German market.
- EU gas transition and higher energy costs raised operating expenses, influencing producer offers and competitiveness.
- Steady MDI demand and reduced spot availability supported upward pricing momentum despite balanced contractual volumes.
For the Quarter Ending December 2025
North America
- In USA, the Aniline Price Index fell by 12.85% quarter-over-quarter, reflecting weaker demand and exports.
- The average Aniline price for the quarter was approximately USD 1444.33/MT, driven by feedstock dynamics.
- Aniline Spot Price softened amid steady inventories and stronger European exports improving U.S. availability further.
- Aniline Production Cost Trend eased as Benzene feedstock moderated, reducing marginal cost pressure for producers.
- Aniline Demand Outlook remained cautious with steady MDI requirements but weaker furniture and dyes consumption.
- Aniline Price Forecast indicates mild near-term downside as year-end destocking offsets seasonal restocking in spring.
- Aniline Price Index volatility moderated as logistics improved and downstream demand remained uneven across sectors.
- European exports and high inventories limited upside, while elevated freight costs applied pressure on margins.
Why did the price of Aniline change in December 2025 in North America?
- Cost-pressured exporter supply and sustained benzene costs compressed margins, weighing on December Aniline prices regionally.
- Moderated U.S. imports and higher freight and tariff complexities reduced immediate buying, tempering price recovery.
- Uneven downstream demand, softer furniture and dyes, steady construction and automotive offtake—balanced December Aniline price movement.
APAC
- In South Korea, the Aniline Price Index rose by 3.94% quarter-over-quarter, supported by firmer feedstock costs.
- The average Aniline price for the quarter was approximately USD 1072.33/MT amid balanced supply-demand conditions.
- Aniline Spot Price remained range-bound at import parity, supported by steady MDI purchases and inventories.
- Aniline Price Forecast indicates modest near-term gains driven by logistics cost increases and feedstock tightness.
- Aniline Production Cost Trend showed pressure from firmer benzene and freight costs, narrowing producer margins.
- Aniline Demand Outlook remains supportive with steady MDI consumption in construction and automotive applications regionally.
- Aniline Price Index movements reflected balanced supply and strong downstream procurement, keeping short-term volatility muted.
- Inventory carryover and stable Chinese output limited upside, while export demand supported selective premium offers.
Why did the price of Aniline change in December 2025 in APAC?
- Balanced regional supply and resilient MDI demand maintained spot stability despite upstream benzene cost pressures.
- Elevated freight and logistical uncertainties elevated import costs, providing intermittent support to domestic pricing levels.
- Year-end destocking and sufficient inventories reduced spot buying, offsetting cost-driven upward pressure on prices short-term.
Europe
- In Germany, the Aniline Price Index fell by 15.67% quarter-over-quarter, amid abundant benzene, weak demand.
- The average Aniline price for the quarter was approximately USD 1302.00/MT, per reported quarterly totals.
- Aniline Spot Price remained pressured as inventories stayed comfortable and downstream restocking activity stayed subdued.
- Aniline Price Forecast suggests modest downside pressure near-term as ample supply offsets seasonal restocking activity.
- Aniline Production Cost Trend weakened slightly from rising energy and benzene volatility, squeezing producer margins.
- Aniline Demand Outlook remains cautious as MDI and construction requirements provide only moderate incremental support.
- Aniline Price Index reflected muted export volumes and Asian imports, pressuring regional spot prices downward.
- Operational stability and comfortable inventories moderated volatility, while selective restocking offered only limited transient support.
Why did the price of Aniline change in December 2025 in Europe?
- Ample benzene availability reduced feedstock costs, keeping Aniline offers subdued despite intermittent upstream volatility pressures.
- Steady regional production and regular Asian imports increased supply, maintaining comfortable inventories across European hubs.
- Downstream MDI and PU demand remained moderate, limiting restocking urgency and capping short-term price recovery.
For the Quarter Ending September 2025
North America
- In the USA, the Aniline Price Index rose by 6.13% quarter-over-quarter, supported by tighter market supplies.
- The average Aniline price for the quarter was approximately USD 1657.33/MT, reported CFR Texas observations.
- Aniline Spot Price fluctuated, reflecting moderate inventories, and shifting import flows from key exporters.
- Aniline Production Cost Trend eased as Benzene costs reduced manufacturing cost support.
- Aniline Demand Outlook stays neutral to positive, driven by sustained construction consumption from MDI manufacturers to produce materials for the automotive industry amid EV automotive growth.
- Aniline Price Forecast indicates volatility ahead with seasonal stocking and logistical factors influencing near-term quotations.
- Initially, Aniline Price Index movements reflected declining inventories. Then, renewed demand tightened supply balances.
- Major producer outages were limited, while Chinese output moderation and feedstock availability affected regional arbitrage flows.
Why did the price of Aniline change in September 2025 in North America?
- Balanced imports and moderate domestic demand stabilized prices despite occasional benzene-driven production cost fluctuations recent.
- Reduced Asian export volumes tightened availability, prompting buyers to compete, supporting near-term price resilience marginally.
- Logistics improvements eased freight premiums, while seasonal MDI stocking lifted demand and limited downward pressure.
APAC
- In South Korea, the Aniline Price Index fell by 11.62% quarter-over-quarter, amid weak demand and adequate availability of supplies in the market.
- The average Aniline price for the quarter was approximately USD 1031.67/MT, based on CFR Busan quotations.
- Aniline Spot Price movements reflected inventory adjustments, with limited imports and balanced export demand influencing regional flows.
- Aniline Price Forecast indicates modest near-term upside as seasonal MDI procurement and logistical constraints tighten supply.
- Aniline Production Cost Trend eased as lower crude reduced benzene feedstock costs, diminishing producer cost support.
- Aniline Demand Outlook remains stable from MDI industries to produce materials for automotive and construction sectors, supporting baseline consumption.
- Aniline Price Index volatility subsided late-quarter as balanced supply, port congestion easing, and controlled exporter offerings stabilized markets.
- Regional inventories rose then tightened; export demand fluctuations and Chinese production moderation influenced spot and contract negotiations.
Why did the price of Aniline change in September 2025 in APAC?
- Reduced Chinese production rates tightened supplies into APAC, increasing short-term upward pressure on regional Aniline availability.
- Lower crude oil softened benzene feedstock costs, easing Aniline production cost trend and limiting immediate price support.
- Logistical disruptions and port congestion intermittently constrained shipments, causing inventory imbalances and influencing short-term Price Index movements.
Europe
- In Germany, the Aniline Price Index fell by 2.09% quarter-over-quarter, reflecting subdued offtakes and weak restocking.
- The average Aniline price for the quarter was approximately USD 1544.00/MT. with muted demand overall.
- Aniline Spot Price showed volatility as logistics disruptions and Rhine low-water levels constrained transport capacity.
- Aniline Price Forecast indicates range-bound movement with downside risk, keeping the Price Index under pressure.
- Aniline Production Cost Trend rose as benzene and nitric acid cost swings impacted manufacturing margins.
- Aniline Demand Outlook remains moderate supported by MDI consumption in automotive and construction sectors currently.
- Aniline Price Index reflected resilience as plants operated near typical rates despite summer labor shortages.
- Inventories remained constrained in the quarter, reducing export availability while domestic orders softened, pressuring pricing.
Why did the price of Aniline change in September 2025 in Europe?
- Weak offtakes from MDI buyers reduced demand, prompting regional suppliers to lower quotations and inventories to accumulate.
- Feedstock cost swings, notably benzene and nitric acid, alternately supported and eased production cost pressures.
- Logistics disruptions, low Rhine water levels and labor shortages constrained flows, tightening availability, and increasing delivery times.
