The aminobenzene market experienced a broadly elevated yet volatile trajectory through 2022. Prices opened the year at high levels, driven by tight benzene feedstock availability and supply chain disruptions stemming from post-pandemic production recovery challenges. Strong demand from dyes, pharmaceuticals, and agrochemical intermediate sectors sustained upward momentum through the first half of the year, pushing prices to their peak. The latter half saw a sharp correction as feedstock costs softened and downstream buying activity moderated amid economic uncertainty, closing the year considerably below peak levels.
Aminobenzene prices remained at relatively subdued levels through 2023, reflecting a broadly range-bound and volatile market environment. Benzene feedstock costs fluctuated without a clear directional trend, and downstream demand from rubber chemicals, polyurethane, and dye manufacturing sectors stayed measured. Periodic recoveries were observed through the middle of the year, supported by selective restocking activity, but gains remained unsustained as adequate supply availability limited upward momentum. The year closed with prices broadly consolidating at moderate levels.
The aminobenzene market showed a degree of recovery in the early part of 2024, with prices rising through the first half as feedstock costs firmed and demand from polyurethane and pharmaceutical sectors improved. Prices reached their highest level of the year around mid-2024 before reversing course as supply conditions eased and downstream purchasing activity softened. A progressive decline through the second half left prices closing the year materially below their mid-year highs, reflecting weakening market fundamentals.
Aminobenzene prices continued their downward trajectory through 2025, declining steadily to multi-year lows by the year's close. Persistent softness in benzene feedstock costs reduced production economics and removed a key source of price support. Overcapacity concerns and subdued downstream demand from dyes, agrochemicals, and rubber processing sectors weighed heavily on market sentiment throughout the year. Export activity remained weak, and buyers maintained need-based procurement strategies, contributing to a prolonged period of price erosion with little evidence of recovery through the period.
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| Product | Category | Region | Price | Time Period |
| Aminobenzene | Chemicals | China | 1655 USD/MT | Dec 2021 |
| Aminobenzene | Chemicals | India | 2132.16 USD/MT | Oct 2021 |
| Aminobenzene | Chemicals | India | 2025.45 USD/MT | Dec 2021 |
Stay updated with the latest Aminobenzene prices, historical data, and tailored regional analysis
Asia
The Asia-Pacific region's market observed varied sentiments from different countries during the fourth quarter of 2021. Due to increased demand from downstream sectors such as synthetic dyes, agrochemicals, PU foams, and so on, prices in China climbed in the third quarter. Furthermore, the strong price of benzene, the raw ingredient, supported the aminobenzene pricing trend. As a result, FOB Qingdao prices were expected to be 1655 USD/MT in December.
In India, Aminobenzene market sentiment remained unfavourable, and prices fell sharply as a result of plentiful supplies and weaker downstream buying impulse. As a result, Ex-Mumbai prices dropped from 2132.16 USD/MT in October to 2025.45 USD/MT in December.
Europe
Prices rose in the fourth quarter of 2021 in Europe. Aminobenzene prices were supported throughout this time period by strong feedstock benzene values owing to dynamic feedstock crude oil fundamentals. Furthermore, significant demand from downstream MDI makers led the price increase. Furthermore, due to acute energy shortages, many local companies were forced to curtail output levels, resulting in supply constraints and, as a result, inflated chemical prices in this quarter.
North America
As the demand scenario altered, prices in the United States saw conflicting sentiments in the fourth quarter of 2021. The price appeared to be rising in October, boosted by strong demand and limited supply.
The price of benzene was pushed up by the high price of the feedstock benzene. In November, prices dropped slightly as freight costs declined and supply improved. However, the chemical's fundamentals improved in December as a result of increased demand from downstream sectors such as MDI and volatility in crude oil prices.
Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
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