The Aniline price trend has maintained stagnancy throughout May xxxx as quotations remained unchanged from suppliers amid the moderate demand-supply dynamics. The demand for Aniline was firm in the Pharma sector as the US and European pharmaceutical markets saw growth rates of xxx during Qx xxxx. Meanwhile, the market experienced intermediate availability of Aniline stocks, caused by the moderate operating rates at manufacturing facilities and steady offtakes from the market.
The Aniline manufacturing rates were intermediate amid the moderate availability of feedstock Benzene supplies during the month. Initially, the feedstock Benzene supplies were firmly available attributed to the increased upstream Crude Oil supplies in the international market stemming from decreased consumption for heating purposes in downstream applications. However, Crude Oil stockpiles fell in the US market in the second of the month. It impacted the feedstock Benzene production rates and its supplies in the market. Meanwhile, the...
