SunSirs: Aniline Dynamics on April 25, 2023
April 26 2023 13:45:16 SunSirs (John)
Price trend
On April 25, 2023, the market price of aniline was 11,700 RMB/ton, which was stable from the previous day.
Analysis review
Pure benzene: 7,290-7,310 RMB/ton in East China on the 24th, with few spot transactions and some private restocking as the main focus. Holders shipped first before the holiday, and downstream wait-and-see was obvious. Shandong 7,300-7,370 RMB/ton, with enterprise prices rising. The downstream pre holiday stocking atmosphere was average, and the transaction was acceptable. It is about to enter the May settlement cycle. The listing price is expected to decline, and the market price is expected to operate at a low level.
Analysis review
Before May Day, the demand for stocking is strong, and factories maintain a shipping mentality. The price of aniline will continue to rise.
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