Aniline Price Trend & Forecast

Aniline Price Trend Q1 2025

In Q1 2025, the Aniline market turned bearish, with prices in Belgium (FD Antwerp) dropping sharply to USD 1,477/MT, marking a –7.11% decline. The Lunar New Year holiday in China led to temporary plant shutdowns, reducing production and lowering demand. This slowdown extended into China’s market, where excess inventory and a decline in feedstock costs further contributed to the bearish sentiment.

Additionally, a global reduction in freight costs and improved logistics efficiency led to smoother supply chains, further easing price pressures. However, steady demand from packaging and insulation materials prevented a more drastic downturn in Aniline prices.    

Aniline Price Trend Q2 2025

In Q2 2025, according to the PriceWatch Aniline prices remained relatively stable, with a slight downward movement observed in Belgium (FD Antwerp), where prices dropped to USD 1,471 per metric ton, marking a -0.41% decline.

The European Aniline’s market witnessed subdued activity due to a slow recovery in the manufacturing and polymer industries, which are major downstream consumers. However, consistent demand from the pharmaceutical sector provided some support and helped cushion the overall market.

Feedstock availability, particularly of Nitric acid and Benzene, remained sufficient throughout the quarter, keeping production costs in check. As a result, prices held broadly steady despite the soft demand from key industrial sectors. 

Aniline Price Trend Q3 2025

In Q3 2025, the global Aniline market experienced a moderate price fluctuation of 5–8% across different regions. The market remained under pressure in key geographies such as Europe, India, and the U.S., due to sluggish downstream demand from dyes, MDI, and rubber chemicals industries. Declines in Benzene feedstock costs further contributed to the bearish sentiment.

However, some Asian markets, particularly China and South Korea, saw marginal increases supported by steady operational rates and modest export demand. Market participants navigated volatile freight costs and regional inventory build-ups, which added complexity to trade flows during the quarter.

Belgium: Domestically Traded Aniline price in Belgium, Technical Grade (>99%).

In Q3 2025, the European Aniline price trend remained weak, with Belgium Aniline prices falling by 8.47% to USD 1320–1480/MT. The decline has been led by sluggish downstream demand from MDI and dyes sectors, particularly in Western Europe. An ongoing inventory overhang and reduced industrial output in Germany and France further dampened sentiment.

Energy and raw material costs eased slightly, but not enough to spur fresh buying. Market participants reported limited spot activity, with many contracts being deferred or renegotiated. The Aniline price trend in Belgium indicated a subdued outlook as slow demand recovery and weak downstream consumption kept market sentiment under pressure. Without a rebound in end-use sectors, sustained improvement in market conditions appeared unlikely in the near term.

In September 2025, the Aniline prices in Belgium remained subdued as weakening global trade and sluggish downstream demand limited buying activity. Fragile sentiment persisted throughout the period, with slow recovery prospects keeping market participants cautious and pricing stability restrained.

Germany: Domestically Traded Aniline price in Germany, Technical Grade (>99%).

In Q3 2025, Aniline price trend in Germany dropped by 8.32% to USD 1380–1520/MT. Weak performance in the downstream coatings and specialty chemicals industries weighed on demand. As production costs fell due to lower benzene input prices, sellers had limited leverage to maintain previous pricing levels.

Inventory levels remained high, discouraging fresh procurement by major buyers. Market sentiment remained subdued, with cautious trading across both contract and spot markets. The Aniline price trend in Germany reflected weak market sentiment as limited industrial activity, particularly in automotive and construction-related chemicals, constrained recovery prospects.

Without a notable rebound in these sectors, overall market conditions remained subdued and lacked upward momentum. In Q3 September 2025, the Aniline prices in Germany exhibited a subdued tone as weak global trade and limited industrial activity, particularly in automotive and construction sectors, restrained demand. Risk-averse buying and cautious sentiment kept overall market conditions muted throughout the period.

USA: Aniline Import Price in USA from China, Technical Grade (>99%).

The Aniline price trend in the USA showed a downward movement as reduced demand from polyurethane and agricultural chemical sectors dampened market activity in the third quarter of 2025. In Q3 2025, freight rates decreased for Aniline imports into the USA from China (CIF Houston), while Aniline prices in the US have declined by 3.11%, averaging between USD 1150–1210/MT.

Although Chinese suppliers maintained stable availability, U.S. buyers remained cautious, limiting forward purchases due to ongoing economic uncertainty and elevated inventory levels. Logistics have been favorable, with no significant port congestion or freight disruptions. The market tone stayed subdued, with participants closely tracking global benzene pricing trends and domestic chemical production levels.

In Q3 September 2025, the Aniline price in the USA displayed mixed sentiment as improved logistics and lower freight costs offered brief support, but weak demand from polyurethane and agricultural chemical sectors limited overall momentum, keeping sellers cautious throughout the period.

India: Domestically Traded Aniline price in Mumbai, Technical Grade (>99%).

According to Price Watch™, in Q3 2025, Aniline (INTACT) prices in India declined by 7.68% to USD 1540–1650/MT. Despite stable operations at manufacturing facilities, subdued demand from downstream MDI and pharmaceutical intermediates sectors weighed heavily on market sentiment.

Overall, the price trend of Aniline in India mirrored the bearish trend of the bulk segment, albeit with slightly stronger price realization due to packaging and handling costs. Regional supply remained sufficient, but limited export interest added to domestic buildup.

Falling Benzene prices also led buyers to renegotiate contracts at lower levels. Logistics from western India remained unaffected, keeping distribution channels open, but buyer hesitation over macroeconomic concerns further delayed purchases.

In Q3 September 2025, the Aniline prices in India witnessed mixed sentiment as early weakness from constrained supply has been followed by a mild recovery driven by cautious buying. Shifting demand patterns and feedstock fluctuations kept overall pricing stability fragile throughout the period.

China: Aniline Export price from China, Technical Grade (>99%).

According to Price-Watch, in Q3 2025, Aniline prices in China, assessed on FOB Qingdao, remained largely stable, with prices inching up by marginal 0.31% to USD 1000–1020/MT. Domestic producers maintained stable operating rates, and export interest from South Asia and Southeast Asia provided a moderate buffer against weakening local consumption.

The price trend of Aniline in China remains cautiously optimistic as Chinese production stays robust, although buyers remain price-sensitive considering broader economic concerns. Benzene feedstock costs remained relatively steady, limiting any major price swings. Despite muted global demand, Chinese suppliers benefited from consistent export contracts and regional arbitrage opportunities.

In September 2025, the Aniline prices in China maintained a firm tone as restricted supply and limited availability supported steady sentiment. Sellers adopted a cautious approach, and consistent demand ensured stable momentum through the month despite persistent market tightness.

South Korea: Aniline Import Price in South Korea from China, Technical Grade (>99%).

In Q3 2025, The Aniline price trend in South Korea reflected a stable premium position as consistent quality and reliable delivery supported buyer confidence. Freight rates remained stable for Aniline exports prices from China to South Korea (CIF Busan), while prices saw a marginal increase of 0.25%, ranging between USD 1030–1060/MT.

The slight price gain reflected steady production levels in South Korea and consistent demand from Chinese buyers, particularly within the rubber chemicals sector. Operating rates have been unaffected by external disruptions, and stable shipping routes contributed to a balanced supply flow. Although alternative suppliers introduced slight downward pressure, Korean-origin material sustained its advantage amid steady regional demand.

In Q3 September 2025, the Aniline prices in South Korea held a steady premium as improved logistics and reduced freight supported stable sentiment. Reliable quality and delivery consistency sustained buyer preference, while competition from alternative sources applied mild downward pressure.

Aniline Price Trend Q4 2025

In Q4 2025, the global Aniline (Technical Grade >99%) market witnessed a mixed price movement ranging between 4–12% across major regions. Market conditions remained challenging in Europe, where persistent weakness in downstream demand from MDI, dyes, and specialty chemicals continued to weigh on pricing.

In contrast, Asian markets, particularly China and South Korea, recorded moderate gains supported by improved export demand and stable production rates. The U.S. market showed signs of recovery, aided by stronger import demand and firmer pricing from Asian origins. Benzene feedstock prices displayed relative stability during the quarter, while freight conditions remained manageable, allowing smoother cross-regional trade flows.

India: Domestically Traded Aniline price in Mumbai, Technical Grade (>99%)

According to Price Watch™, In Q4 2025, Aniline prices in India edged down marginally by 0.72%, settling in the range of USD 1500–1600/MT. This Aniline price trend in India reflected balanced domestic supply conditions amid steady but unspectacular demand from downstream MDI and pharmaceutical intermediate sectors.

While production rates at Indian facilities remained stable, buyers adopted cautious procurement strategies due to lingering macroeconomic uncertainty. Benzene feedstock costs showed limited volatility, providing minimal cost support.

Logistics across western India remained smooth, ensuring uninterrupted material movement. Overall, the Mumbai market demonstrated relative stability compared to previous quarters, and in December 2025, Aniline prices in India largely consolidated at current levels.

China: Aniline Export price from China, Technical Grade (>99%)

In Q4 2025, Aniline prices in China have increased by 4.44% on an FOB Qingdao basis, trading between USD 1000–1100/MT. This Aniline price trend in China has found support from improved export inquiries from South Asia and the U.S., alongside disciplined operating rates that domestic producers have maintained.

Demand from downstream MDI and rubber chemical manufacturers has remained steady, which has helped absorb available supply. While benzene feedstock prices have stayed relatively stable, they have limited cost-driven volatility. Despite global economic uncertainties, Chinese suppliers have benefited from competitive pricing and reliable logistics.

Market sentiment has remained cautiously firm, and exporters have stayed optimistic about sustained overseas demand; consequently, in December 2025, Aniline prices in China have largely solidified at these elevated levels.

South Korea: Aniline Import Price in South Korea from China, Technical Grade (>99%)

In Q4 2025, Aniline prices in South Korea have risen by 4.23% for imports from China (CIF Busan), ranging between USD 1050–1150/MT. This Aniline price trend in South Korea has been driven by consistent import demand from the rubber chemicals and polyurethane sectors, coupled with stable freight rates along key Asian trade routes.

Supply flows from China have remained uninterrupted, while Korean buyers have continued to prefer Chinese-origin material due to competitive pricing and dependable delivery schedules. Benzene feedstock trends have exerted minimal pressure during the quarter.

Overall, the South Korean market has remained balanced, with pricing supported by steady downstream consumption; thus, in December 2025, Aniline prices in South Korea have sustained this upward trajectory.

Belgium: Domestically Traded Aniline price in Belgium, Technical Grade (>99%)

In Q4 2025, the Belgian Aniline market has remained under significant pressure, and Aniline prices in Belgium have declined sharply by 11.83% to range between USD 1150–1250/MT (FD Antwerp). This downward Aniline price trend in Belgium has persisted as weak demand from the MDI, dyes, and coatings industries has continued to weigh heavily on market fundamentals.

High inventory levels and reduced industrial output across Western Europe have further dampened buyer sentiment. Although energy and benzene feedstock costs have softened slightly, the relief has been insufficient to stimulate fresh demand.

Trading activity has remained limited, with buyers delaying procurement, and the outlook for the Belgian market has stayed bearish amid a sluggish downstream recovery. Consequently, in December 2025, Aniline prices in Belgium have largely consolidated at these lower levels without signs of a near-term rebound.

Germany: Domestically Traded Aniline price in Germany, Technical Grade (>99%)

In Q4 2025, the German Aniline market has remained under significant pressure, and Aniline prices in Germany have fallen by 11.45% on an FD Hamburg basis, settling between USD 1200–1300/MT. This downward Aniline price trend in Germany has been primarily attributed to weak demand from downstream specialty chemicals, automotive, and construction-linked sectors.

Producers have faced continued pressure from high inventories and subdued order books, while lower benzene input costs have reduced sellers’ pricing leverage. Market participants have reported cautious buying behaviour, with limited spot transactions observed throughout the quarter.

Despite some stabilization in production costs, the German market has shown little sign of near-term recovery, keeping overall sentiment subdued; consequently, in December 2025, Aniline prices in Germany have largely consolidated at these lower levels.

USA: Aniline Import Price in USA from China, Technical Grade (>99%)

In Q4 2025, the U.S. Aniline market has shown signs of recovery, and Aniline prices in the USA from China have increased by 4.97%, reaching USD 1200–1300/MT. This Aniline price trend in the USA from China has found support in improved demand from the polyurethane and agricultural chemicals sectors, alongside tighter availability of competitively priced material.

Freight conditions have remained stable, which has facilitated steady import flows. U.S. buyers have gradually returned to the market to replenish inventories following earlier destocking cycles. While benzene feedstock trends have remained largely stable, they have offered limited cost-side volatility.

Overall, the market has demonstrated firmer pricing and improving buying interest; consequently, in December 2025, Aniline prices in the USA from China have solidified at these higher levels.