Aniline Price Trend and Forecast 2026-2027

Market Overview

Aniline prices in India rose 5.6% in Q2 2026 to USD 1,385.00/MT from USD 1,312.00/MT in Q1, as rising benzene and nitric acid feedstock costs continued feeding through the value chain. Globally, the average rose from USD 1,292.25/MT in Q1 to USD 1,353.70/MT in Q2, a 4.8% gain. For H2 2026, a global average of USD 1,320.00-1,470.00/MT is expected, with feedstock cost pressure likely to keep this market firm even as the European market continues its slower, more measured recovery.

Aniline is an aromatic amine produced by nitrating benzene to nitrobenzene and then reducing it through catalytic hydrogenation, serving as the essential intermediate for methylene diphenyl diisocyanate, or MDI, which is itself the key building block for rigid polyurethane foam used in construction insulation, appliances, and automotive components. Smaller volumes feed into rubber processing chemicals, dyes, and pharmaceutical intermediates. Benzene and nitric acid feedstock costs, MDI and polyurethane sector demand tied to construction and automotive production, and regional supply availability are what drive prices in this market.

Aniline Price Forecast for 2026

The outlook for Aniline through H2 2026 stays firm, tracking the elevated benzene and nitric acid feedstock cost environment affecting the broader aromatics complex. Steady MDI and polyurethane demand from construction and automotive manufacturers should support continued gains across most regions, while Germany and the broader European market look likely to see only a gradual, more measured recovery from 2025's oversupply conditions.

The main upside risk is a further tightening of benzene feedstock availability, which would push aniline costs higher across every region tracked in this report. The main downside risk is a slowdown in construction and automotive-linked MDI demand, which would ease some of the current price pressure.

For the Quarter Ending June 2026

Aniline Prices Q2 2026:

• India: USD 1,385.00/MT
• China: USD 1,265.00/MT
• United States: USD 1,495.00/MT
• Germany: USD 1,310.00/MT

Aniline Prices in India

Indian Aniline prices averaged USD 1,385.00/MT in Q2 2026, up 5.6% from USD 1,312.00/MT in Q1, as rising feedstock costs and strong downstream MDI demand continued supporting this market.

Why did the price of Aniline change in Q2 2026 in India?

Rising feedstock benzene costs, combined with growing overseas inquiries and stocking activity from downstream MDI and polyurethane manufacturers, kept Indian offers moving steadily higher through the quarter.

Aniline Prices in China

Chinese prices averaged USD 1,265.00/MT in Q2 2026, up 5.2% from USD 1,203.00/MT in Q1, as the largest producing market absorbed rising benzene and nitric acid feedstock costs.

Why did the price of Aniline change in Q2 2026 in China?

Manufacturing and trading units in key production hubs saw carry-over stockpiles decline gradually, offering the market much-needed cost support even as benzene price movements stayed a critical factor in the underlying trend.

Aniline Prices in the United States

US prices averaged USD 1,495.00/MT in Q2 2026, the highest of any region tracked here, up 4.5% from USD 1,430.00/MT in Q1, as steady polyurethane and MDI demand kept this market firm.

Why did the price of Aniline change in Q2 2026 in the United States?

Renewed buying interest tied to trade policy adjustments and steady demand from rigid polyurethane foam manufacturers supported firm pricing, even as logistical considerations added periodic caution to trading activity.

Aniline Prices in Germany

German prices averaged USD 1,310.00/MT in Q2 2026, up 3.1% from USD 1,270.00/MT in Q1, as the European market continued a gradual recovery from 2025's oversupply conditions.

Why did the price of Aniline change in Q2 2026 in Germany?

European markets remained comparatively sluggish given excess supply built up over the prior year, though slow industrial recovery and firming feedstock costs began providing more consistent upward support.

For the Quarter Ending March 2026

Aniline Prices Q1 2026:

• India: USD 1,312.00/MT
• China: USD 1,203.00/MT
• United States: USD 1,430.00/MT
• Germany: USD 1,270.00/MT

Aniline Prices in India

Indian prices rose 5.8% in Q1 2026 to USD 1,312.00/MT from USD 1,240.00/MT in Q4 2025, tracking global benzene feedstock cost trends.

Why did the price of Aniline change in Q1 2026 in India?

Prices traded on the higher end of the spectrum, supported by rising feedstock benzene costs, stocking by downstream industries and traders ahead of seasonal demand, and a rising number of overseas inquiries.

Aniline Prices in China

Chinese prices rose 6.5% in Q1 2026 to USD 1,203.00/MT from USD 1,130.00/MT in Q4 2025, as feedstock costs continued climbing through the quarter.

Why did the price of Aniline change in Q1 2026 in China?

Benzene price movements played a critical role, with initial strength supporting prices through most of the quarter even as fundamentals softened somewhat toward the very end of the period.

Aniline Prices in the United States

US prices rose 5.1% in Q1 2026 to USD 1,430.00/MT from USD 1,360.00/MT in Q4 2025, supported by renewed buying interest following trade policy adjustments.

Why did the price of Aniline change in Q1 2026 in the United States?

North America experienced renewed buying interest following trade policy adjustments, even as market buoyancy was intermittently affected by anti-dumping complaints against certain phenol-exporting countries that briefly dampened sentiment.

Aniline Prices in Germany

German prices rose 3.3% in Q1 2026 to USD 1,270.00/MT from USD 1,230.00/MT in Q4 2025, as the European market began showing early signs of stabilizing after a prolonged period of excess supply.

Why did the price of Aniline change in Q1 2026 in Germany?

European markets remained sluggish due to excess supply carried over from the prior year and slow industrial recovery, though early signs of divergence from the broader global softening began to emerge.

Quarterly Aniline Price Trends

Global Aniline prices dipped modestly in Q2 2025 before climbing steadily through the following four quarters, with India and China leading the gains as rising benzene and nitric acid feedstock costs fed through the value chain, while Germany and the broader European market only began a more measured recovery in early 2026 after a prolonged period of oversupply.

What was Aniline Price in 2025?

Aniline told a genuinely divided story across 2025. India, China, and the United States posted firm gains as feedstock costs rose and downstream MDI demand held steady, while Germany saw prices decline through most of the year as excess European supply and slow industrial recovery weighed on the market before stabilizing late in the year.

Aniline Prices in India in 2025

Indian prices firmed from about USD 1,150.00/MT in Q1 2025 to USD 1,240.00/MT by Q4, a gain of roughly 7.8%, the strongest annual increase of the four regions, supported by growing downstream MDI and polyurethane demand.

Aniline Prices in China in 2025

Chinese prices firmed from about USD 1,050.00/MT in Q1 2025 to USD 1,130.00/MT by Q4, up roughly 7.6%, tracking rising benzene feedstock costs through the year.

Aniline Prices in the United States in 2025

US prices firmed from about USD 1,280.00/MT in Q1 2025 to USD 1,360.00/MT by Q4, a gain of roughly 6.2%, supported by renewed buying interest following trade policy adjustments through the year.

Aniline Prices in Germany in 2025

German prices declined from about USD 1,320.00/MT in Q1 2025 to USD 1,230.00/MT by Q4, down roughly 6.8%, the only region among the four to post a negative annual figure, as excess supply and slow industrial recovery weighed on the market for most of the year.

How We Can Help

Expert Market Research: Your Source for Real-Time Aniline Price Intelligence

Expert Market Research tracks Aniline prices continuously across every major producing and consuming region, combining benzene and nitric acid feedstock cost data, MDI and polyurethane sector demand signals, and regional supply trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the regional trends covered in this report, and build a defensible view of where this essential aromatic amine is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.