Aniline price is not expected to fluctuate significantly in the next few days due to dull demand condition in Indian chemical markets, sustaining huge inventories or stocks of the chemical.
Traders in the major chemical market told the website that consumption of the chemical by the dye intermediate and rubber chemicals industries have shrinked, resulting in the sluggish demand conditions.
It is learned that, huge inventory of the chemical are available with domestic producer and traders have ample stocks of the domestic as well import varience of the chemical.
Moreover, the booking price of the chemical is also not expected to undergo any change in the near future from the prevailing price of USD 1600 per metric tonne CIF India.
The current basic price of Aniline of GNFC is 1,1300 per metric tonne.
(This article was published on the website on September 30, 2014)
Traders in the major chemical market told the website that consumption of the chemical by the dye intermediate and rubber chemicals industries have shrinked, resulting in the sluggish demand conditions.
It is learned that, huge inventory of the chemical are available with domestic producer and traders have ample stocks of the domestic as well import varience of the chemical.
Moreover, the booking price of the chemical is also not expected to undergo any change in the near future from the prevailing price of USD 1600 per metric tonne CIF India.
The current basic price of Aniline of GNFC is 1,1300 per metric tonne.
(This article was published on the website on September 30, 2014)
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