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SunSirs: The Trading Atmosphere Improved, and Aniline Had Slightly Risen
August 26 2024 10:08:42SunSirs(John)

Price trend                               

According to the Commodity Market Analysis System of SunSirs, there had been a rebound in the aniline market recently, with improved purchasing power and mainstream market prices ranging from 10300 to 10400 RMB/ton.

Analysis review                      

In the early stage, the price of aniline was relatively high, and there was a strong wait-and-see atmosphere downstream. In order to stimulate sales, mainstream factories lowered prices and effectively reduced inventory. At the same time, the price of raw material pure benzene showed a strong trend, and the aniline market stopped falling and rebounded. The factory's sales were smooth, and the market mentality improved. Downstream actively entered the market.

Market outlook

It is expected that the market will mainly digest the increase in the short term and operate smoothly.

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