N-Methyl Aniline Prices Trend and Forecast

Description

The N-Methyl Aniline Prices declined consistently in the North American market during the third quarter of 2022, backed by the depleting market value of feedstock Aniline. Due to the falling upstream Crude oil prices, aniline prices were consistently falling in North America. The recession fears have impacted the region’s economy. Following the upstream crude oil prices, the cost of the crude derivative was in a downward trend. Additionally, there was a significant supply of Aniline in the local market due to the substantial imports of the substance from European nations. Furthermore, the downstream demand from agrochemicals, petrochemicals, and dyes industries was not that strong during the quarter, which further supported the price drop of N-Methyl Aniline in the market.

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