Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline had slightly increased this week. On June 10th, the market price of aniline was 12,117 RMB/ton, and on June 14th it was 12,166 RMB/ton, an increase of 0.39% compared to last week and 11.49% compared to the same period last year.

Analysis review

Pure benzene: The pure benzene market continued to decline, with an increase in upstream supply and downstream maintenance companies during the week. Supply remained loose, inventory remained high, and demand follow-up was slow. Under various pressures, the price of pure benzene had been under pressure and had fluctuated at a low level.

Nitric acid: Domestic nitric acid prices fluctuated at a low level this week. On July 22, the price was 1,653 RMB/ton, and on July 26, the price was 1,656 RMB/ton, with a 0.2% increase during the cycle, indicating weak support for aniline.

Market outlook

As of July 26th, the production and sales of aniline in the market were weak. In the context of weak demand and declining costs, aniline had fallen to a low point seeking support. It is expected that the short-term aniline shipment mentality will continue, waiting for new news guidance.

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