Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline had slightly increased this week. On August 28th, the market price of aniline was 11,167 RMB/ton, and on September 1st, it was 11,370 RMB/ton, an increase of 0.62% compared to last week.

Analysis review

Pure benzene: on August 31st, the mainstream price in East China was 7,700-7,740 RMB/ton, and delivery was basically completed. The demand for replenishment slowed down, and the market slightly declined. The mainstream price in Shandong was 7,740-7,800 RMB/ton, with the main business listing falling in price, and market buying was insufficient, resulting in a decrease in transaction volume. Crude oil rose broadly and was expected to shake and consolidate in East China in the morning. On Friday (September 1st), the price of pure benzene was 7,800 RMB/ton, a decrease of 0.83% compared to last week and an increase of 2.4% compared to the same period last year.

Nitric acid: The domestic price of nitric acid had slightly increased this week. On August 28th, the price was 2,016 RMB/ton, and on September 1st, it was 2,050 RMB/ton. The price increased by 1.68% compared to last week and decreased by 5.35% compared to the same period last year.

Market outlook

There is currently no significant fluctuation in the fundamentals of aniline, and the market continues to remain stagnant, with aniline trading sideways.

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