Aniline price October 2024 and outlook (see chart below)
- North America:US$1.86/KG, -0.5% down
- Europe:US$1.57/KG, unchanged
- Northeast Asia:US$1.37/KG, -0.7% down
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Aniline price index
This post is a summary of the global Aniline price developments. The price developments of Aniline are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Aniline price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for global Aniline prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of global Aniline prices
- Recent price developments of underlying feedstocks which drive the price of Aniline
- Market futures for both cost drives and feedstocks of global Aniline prices
- Adjustment of current supply/demand imbalances in the Aniline market
- Longer term trends in likely demand conditions
Further information on the Aniline price chart
Here is some further information
What is Aniline
Aniline is an organic compound with the chemical formula C6H7N. It is a colorless to pale yellow liquid with a sweet, fruity odor. It is highly flammable and readily undergoes combustion.
How is Aniline produced
Aniline is produced by the reduction of nitrobenzene, which is itself produced by the nitration of benzene. The reduction reaction is typically carried out in the presence of a catalyst, such as iron or copper, at high temperatures.
What is Aniline used for
Aniline is used as an intermediate in the production of a variety of chemicals, including plastics, rubber, dyes, and pharmaceuticals. It is also used as a solvent for many substances and as a starting material for the synthesis of a wide range of chemicals. In addition, it is used as a laboratory reagent and as a corrosion inhibitor.
Further reading
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
- Market report (summary info only)
Trade information
It is difficult to estimate the size of the global aniline market as a whole, as it is used in a variety of industries and applications. However, aniline is an important chemical and is widely used in the production of a variety of products. According to some estimates, the global aniline market was valued at around $10.9 billion in 2019 and is expected to grow at a compound annual growth rate of around 4.5% from 2020 to 2025. The growth of the aniline market is driven by factors such as increasing demand for aniline in the production of chemicals, plastics, and rubber, as well as growing demand for aniline in the construction and personal care industries.
According to https://oec.world/ :
Aniline and its salts are the world’s 1992nd most traded product.
In 2020, the top exporters of Aniline and its salts were United Kingdom ($291M), Belgium ($226M), China ($163M), Czechia ($89.8M), and Portugal ($59.7M).
In 2020, the top importers of Aniline and its salts were Netherlands ($315M), Germany ($152M), Hungary ($132M), Spain ($100M), and India ($80.4M).
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