Price trend                               

According to the Commodity Market Analysis System of SunSirs, the price of aniline had slightly increased this week. On September 2nd, the market price of aniline was 10,470 RMB/ton, and on September 6th it was 10,675 RMB/ton. The price cycle increased by 1.91% and decreased by 11.23% compared to the same period last year.

Analysis review                      

The aniline market continued to rise this week. The reduction in aniline supply from the East China factory, coupled with short shutdowns in other regions, had tightened supply and boosted market confidence. Upstream goods flowed smoothly, downstream actively entered the market, low-priced goods flowed well, and aniline prices continued to rise.

Pure benzene: Recently, the pure benzene market had shown a stronger trend, with increased support for aniline. On August 1st, the average price of pure benzene was 8,438 RMB/ton, and on September 6th, the average price of pure benzene was 8,652 RMB/ton, an increase of 2.55% during the period.

Market outlook

As of September 6th, the purchase and sales of aniline market were stable, with the market mainly digesting the increase. The inventory in the market was not high, and due to the high price, the downstream wait-and-see atmosphere was gradually becoming stronger. It is expected that the aniline market will consolidate at a high level in the short term, and the supply and demand changes in the market should be closely monitored.

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