China Aniline: supply squeeze, record prices

Aniline is the basic building block for MDI, dyes, rubber chemicals and many drug intermediates. In October the Chinese aniline market is tight and getting tighter. Producers hold very little stock, several plants are down for maintenance at the same time, and spot material is hard to find. Prices are already high and may set a new record. North China aniline is expected to reach RMB 17,000–17,500 per tonne