Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline has been running steadily this week. On February 10th, the market price of aniline was 9,162 RMB/ton, and on February 14th, the price was 9,162 RMB/ton. There was no increase or decrease during the cycle, a decrease of 16.61% compared to the same period last year.

Analysis review

This week, the aniline market has been in a state of stagnation and consolidation, with weak downstream demand and increased inventory in some companies, resulting in a weakened willingness to raise prices. Some factories were temporarily shut down during the week, which had a relatively small impact on the market. Under the weak supply-demand situation, the aniline market was in a state of stagnation and consolidation.

Cost side: Benzene has shown a stronger trend this week, with good shipments from Shandong's local refineries. Shandong LihuaYi's 200,000 ton benzene plant has begun planned maintenance, and Sinopec's benzene listing price has increased by 100 to 7,750 RMB/ton. The price of benzene has risen, and the pressure on aniline costs has increased.

Market outlook

The market cost and sales pressure of aniline coexisted, and under the influence of long and short factors, it is expected that under pressure, there is a high possibility of rise on the price of aniline in the near future.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.