For the Quarter Ending December 2025
North America
• In the United States, the N-Methyl Aniline Price Index fell by 8.2% quarter-over-quarter, reflecting limited downstream demand.
• N-Methyl Aniline Spot Price softened in December as competitive offers from Chinese and Indian exporters increased import supply.
• N-Methyl Aniline Price Forecast indicates moderate recovery in early 2026 with seasonal restocking and inventory adjustments across key industrial sectors.
• N-Methyl Aniline Production Cost Trend eased as methanol and nitrobenzene feedstock costs declined, improving conversion margins.
• N-Methyl Aniline Demand Outlook remained weak with subdued agrochemical, textile, and specialty chemical procurement limiting offtake.
• Price Index volatility reflected freight rate fluctuations, distributor destocking, and aggressive Asian export offers.
• Smooth inbound cargoes ensured adequate port supply, restraining upward pressure on domestic CFR import values.
Why did the price of N-Methyl Aniline change in Q4 2025 in North America?
• High-volume Chinese and Indian export offer increased imports, pressuring landed prices.
• Lower methanol and nitrobenzene feedstock costs reduced production expenses, limiting cost-driven price support.
• Adequate port inventories and restrained downstream purchases prevented strong upward price movements.
APAC
• In India, the N-Methyl Aniline Price Index fell by 9.5% quarter-over-quarter, amid weak domestic demand.
• The average N-Methyl Aniline price for the quarter was approximately USD 2132.85/MT based on imports.
• N-Methyl Aniline Spot Price softened in December as Chinese exporters offered competitive offers, reducing imports.
• N-Methyl Aniline Price Forecast indicates recovery in early 2026 with seasonal restocking and inventory drawdowns.
• N-Methyl Aniline Production Cost Trend eased as methanol and nitrobenzene prices declined, improving conversion margins.
• N-Methyl Aniline Demand Outlook remains weak with subdued textile exports and agrochemical procurement limiting offtake.
• N-Methyl Aniline Price Index volatility reflected freight rises, distributor destocking, and competitive Chinese export offers.
• Smooth inbound cargoes ensured ample port supply, limiting upward pressure on domestic CFR import values.
Why did the price of N-Methyl Aniline change in December 2025 in APAC?
• High-volume Chinese export offers flooded India, lowering CFR bids and pressuring landed N-Methyl Aniline values.
• Declining methanol and nitrobenzene feedstock costs reduced production economics, removing underlying cost support for prices.
• Ample port inventories, cautious downstream procurement curtailed demand, allowing buyers to defer purchases and discount.
Europe
• In Germany and France, the N-Methyl Aniline Price Index declined by 7.9% quarter-over-quarter due to weak industrial consumption.
• N-Methyl Aniline Spot Price softened in December as competitive imports from Asia increased availability in European ports.
• N-Methyl Aniline Price Forecast suggests stabilization in early 2026, with potential recovery supported by seasonal restocking and inventory drawdowns.
• N-Methyl Aniline Production Cost Trend eased as feedstock methanol and nitrobenzene prices decreased, supporting lower seller offers.
• N-Methyl Aniline Demand Outlook remained muted, with limited purchases from agrochemical, textile, and specialty chemical industries.
• Price Index volatility was influenced by competitive Asian export offers, distributor inventory reduction, and freight cost variations.
• Steady port operations ensured adequate import supplies, restricting strong upward price movement for domestic buyers.
Why did the price of N-Methyl Aniline change in Q4 2025 in Europe?
• Aggressive import offers from China and India pressured landed prices in European markets.
• Declining methanol and nitrobenzene feedstock costs eased production economics, reducing underlying cost support.
• Sufficient port inventories and cautious downstream procurement limited price increases.
For the Quarter Ending September 2025
North America
• The N-Methyl Aniline Price Index in North America showed a mild decline during Q3 2025, reflecting subdued demand from key downstream sectors such as fuel additives, dyes, agrochemicals, and rubber chemicals.
• Spot Price activity remained restrained throughout the quarter, with limited buying interest and high inventory levels among distributors. September saw a slight dip in prices due to cautious procurement and slow shipment volumes.
• Prices decreased modestly in September, driven by weak demand from fuel blending and agrochemical applications. Although supply was well-managed, the lack of downstream momentum and stable feedstock methanol costs kept prices under pressure.
• The Production Cost Trend remained stable, supported by consistent methanol availability and moderate energy costs. Efficient domestic operations helped maintain margins despite soft market conditions.
Why did the price of N-Methyl Aniline change in September 2025 in North America?
• Prices decreased modestly due to weak demand from fuel blending and agrochemical sectors, which limited spot market activity.
• Production costs remained stable, supported by consistent methanol and energy inputs, but lacked upward pressure to drive prices higher.
• High inventory levels and cautious procurement among downstream buyers further softened price momentum.
APAC
• In India, the N-Methyl Aniline Price Index fell by 13.79% quarter-over-quarter, reflecting oversupply and weak downstream demand in Q3 2025.
• The average N-Methyl Aniline price for the quarter was approximately USD 2655.97/MT, reflecting broad regional supply balance.
• N-Methyl Aniline Spot Price remained under pressure due to subdued downstream demand and steady supply availability, amid monsoons.
• N-Methyl Aniline Price Forecast suggests limited upside in near term due to inventory overhang and cautious restocking across APAC.
• N-Methyl Aniline Production Cost Trend remained stable with moderate energy costs, offset by soft feedstock movements and efficient operations.
• N-Methyl Aniline Demand Outlook weakened in APAC due to dye, agrochemical cycles and subdued industrial activity across key markets.
• N-Methyl Aniline Price Index continued softening on transport seasonality, slower restocking, and muted downstream investment activity.
• N-Methyl Aniline Spot Price volatility persisted amid currency fluctuations and export order hesitancy across APAC markets, widening price dispersion.
Why did the price of N-Methyl Aniline change in September 2025 in APAC?
• Reduced downstream demand from dyes and agrochemicals lowered spot and downstream pricing in APAC markets, intensifying margin compression.
• Oversupply and comfortable port inventories limited buying interest, contributing to softer prices in Q3 2025 across markets.
• Currency volatility and subdued refinery activity pressured landed costs and dampened near-term pricing dynamics further amid global uncertainties.
Europe
• The N-Methyl Aniline Price Index in Europe declined moderately during Q3 2025, reflecting weak downstream activity and cautious procurement across key sectors such as fuel additives, dyes, agrochemicals, and rubber chemicals.
• Spot Price remained under pressure throughout the quarter, with limited buying interest from industrial consumers. High inventory levels and steady supply from domestic and regional producers contributed to subdued pricing.
• Prices decreased in September due to reduced demand from agrochemical and dye manufacturers. Despite stable production rates, the lack of downstream momentum and elevated inventories led to softer market sentiment.
• The Production Cost Trend remained relatively stable, supported by consistent methanol feedstock availability and moderate energy tariffs. However, the absence of cost-push inflation limited any upward price movement.
Why did the price of N-Methyl Aniline change in September 2025 in Europe?
• Prices fell due to weak demand from agrochemical and dye sectors.
• High inventories and steady supply limited buying interest.
• Stable production costs offered no support for price increases.
For the Quarter Ending June 2025
North America
• The Price Index for N-Methyl Aniline in North America remained under downward pressure in Q2 2025, mirroring global softness in feedstock methanol prices and sluggish demand.
• In April 2025, the market saw stable supply due to seamless chemical imports and high inventory levels among U.S. distributors, leading to restrained spot market activity and a slight dip in prices.
• May 2025 witnessed further declines, primarily due to subdued off-take from downstream fuel blending and agrochemical sectors. Weakening methanol costs also contributed to the N-Methyl Aniline Production Cost Trend turning negative.
• In June 2025, the N-Methyl Aniline Spot Price corrected downward further as refiners and intermediaries refrained from large-volume restocking, amid signals of slower summer-season demand.
Why did the N-Methyl Aniline price change in July 2025 in North America?
In July, N-Methyl Aniline prices increased modestly, supported by a slight rise in post-holiday fuel demand and tightening inventories. However, the N-Methyl Aniline Price Forecast remains cautious as buyers stay selective amid volatile crude-linked cost structures.
Asia
• The Price Index for N-Methyl Aniline in Asia (led by India and China) saw consistent weakness through Q2 2025, pressured by high inventories, reduced fuel additive demand, and softer feedstock methanol pricing.
• April 2025 recorded a 1.2% price decline in India, despite increasing freight rates, as domestic logistics efficiency and aggressive overseas offers supported oversupply.
• May 2025 saw a sharp 9.2% price drop, driven by low N-Methyl Aniline Demand Outlook across fuel, agrochemical, and dye sectors, coupled with easing methanol feedstock costs, which reduced the N-Methyl Aniline Production Cost Trend.
• In June 2025, prices dipped by 4.7%, as seasonal monsoon-led mobility reductions lowered fuel consumption and hence demand for octane boosters like N-Methyl Aniline.
Why did the N-Methyl Aniline price change in July 2025 in Asia?
Prices increased by 1.2% in July 2025, as the monsoon began to taper, reviving mobility and fuel consumption. Additionally, restocking activities resumed, mildly improving the N-Methyl Aniline Spot Price. However, the N-Methyl Aniline Price Forecast indicates only gradual recovery due to persistent demand-side caution.
Europe
• The Price Index for N-Methyl Aniline in Europe exhibited a mild downward trajectory through Q2 2025, in response to moderate demand and competitive imports from Asian suppliers.
• April 2025 began with a minor price correction, as producers faced rising freight charges but maintained stable domestic output. Inventory levels remained high, limiting restocking incentives.
• In May 2025, the N-Methyl Aniline Spot Price saw further erosion due to slow off-take in fuel blending and coating applications, while imports from cost-competitive Asian exporters increased market competition.
• June 2025 showed limited price support despite steady logistics and sufficient raw material supply, as consumption from the agrochemical and dye intermediates sector stayed weak.
Why did the N-Methyl Aniline price change in July 2025 in Europe?
N-Methyl Aniline prices rose slightly in July 2025 in Europe, as summer fuel consumption picked up and inventories reduced across key distributors. However, the N-Methyl Aniline Demand Outlook remains tentative with macroeconomic uncertainty and cautious downstream restocking.
For the Quarter Ending March 2025
North America
In Q1 2025, N-methyl aniline (NMA) prices in North America followed a moderately upward trajectory, underpinned by rising feedstock costs and stable demand across key end-use sectors. The consistent increase in upstream Methanol and Aniline prices, driven by higher natural gas benchmarks and constrained refinery throughout translated into elevated production costs for NMA producers in the region.
Despite steady domestic availability and relatively smooth logistics, intermittent supply chain delays due to winter weather conditions in January temporarily affected inland transportation, prompting cautious restocking. As a result, manufacturers maintained firm pricing to protect margins. Demand remained robust throughout the quarter, particularly from the petroleum industry, where NMA continues to be utilized as an octane booster. Additional support came from the agrochemical and dye manufacturing segments, which maintained regular offtake to meet seasonal production requirements.
While no extreme price spikes were observed, the cumulative effect of raw material inflation and solid downstream consumption drove a gradual rise in NMA prices over the three months. The North American market closed Q1 2025 with firm pricing, and sentiment for Q2 remains cautiously optimistic amid sustained demand and continued cost-side pressures.
Asia
N-methyl aniline (NMA) prices in the Asian region, particularly India, followed a consistent upward trajectory throughout Q1 2025, registering a cumulative increase of approximately 5% over the quarter. In January, prices rose by 1.5% amid escalating feedstock costs, especially Methanol and Aniline, and broader global supply chain challenges driven by energy price volatility and geopolitical trade tensions. Despite stable inventories, inflationary pressures and procurement delays contributed to price firming. The upward trend continued in February with another 1.5% increase, supported by efficient logistics, steady raw material flow through key Indian ports, and persistent demand from fuel additives, agrochemicals, and dye industries. Growing container activity and improved domestic supply chain efficiency further bolstered price stability and resilience. By March, NMA prices climbed an additional 2%, driven by a tightening supply environment and rising production costs linked to increased Methanol prices and a decline in domestic crude oil output. Strong demand from petroleum blending applications and strategic buying activity amid anticipated cost hikes supported the price surge. Overall, Q1 2025 was marked by steady demand fundamentals, resilient manufacturing activity, and persistent cost-side pressures, collectively contributing to the firm and upward movement in N-Methyl Aniline prices across Asia.
Europe
During Q1 2025, N-methyl aniline (NMA) prices in Europe exhibited a firm to a slightly bullish trend, supported by consistent downstream demand and periodic supply-side disruptions. Across the quarter, prices rose steadily due to elevated production costs, primarily driven by fluctuating feedstock Methanol and Aniline prices. Energy market instability, particularly linked to tightening LNG supply and geopolitical uncertainties in Eastern Europe, added pressure to operational expenses for NMA producers. Although demand from the petroleum sector, especially for use in octane-boosting additives, remained stable, a noticeable uptick in offtake from the agrochemical and dye sectors helped support firm pricing. Restocking activities ahead of the spring agricultural season also reinforced the purchasing momentum during late February and March. On the supply front, European manufacturers faced intermittent delays in raw material procurement due to port congestion and extended lead times from overseas suppliers. While no sharp spikes were recorded, prices gradually increased quarter-on-quarter, reflecting the cumulative impact of cost pressures and resilient demand. Overall, Q1 2025 closed with NMA prices in Europe on a modest upward trend, supported by a stable consumption base and constrained but manageable supply chain dynamics.
