The US Diphenylamine market is expected to move lower during June **** after recording firm gains in May, as weakening downstream demand and easing feedstock costs are likely to weigh on market sentiment.
During May ****, Diphenylamine prices increased steadily, supported by higher Aniline costs, healthy industrial demand, and tight spot availability. Tyre manufacturers maintained regular production schedules ahead of the summer travel season, while automotive and aviation tyre producers continued steady procurement of Diphenylamine for antioxidant applications. Export enquiries from Canada and Mexico also remained stable, and limited import arrivals tightened spot availability. At the same time, producers prioritized contractual commitments instead of building inventories, allowing FOB New Orleans Diphenylamine prices to rise to USD *,***/MT from USD *,***/MT in the previous month.
However, Diphenylamine market fundamentals are expected to shift during June. The completion of seasonal pre-summer tyre production is likely...
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