SunSirs: Aniline is Expected to Continue to be Reduced in the Next Few Days
May 17 2023 14:31:40Latest price of aniline (May 15th): 10650 RMB/ton, bearish in the future
Analysis point: On May 15th, the price fell by 5.54% compared to the previous trading day. Aniline profits are high, compressing downstream profits. Downstream consumers are resistant to high priced raw materials, resulting in a slowdown in delivery. Aniline factories have rationally lowered prices to promote good shipments.
Future forecast: Terminal demand is weakening, coupled with the arrival of high temperatures in the summer, downstream operating load is expected to decrease, and aniline sales are average, resulting in a downward pressure on the market.
It is expected that the aniline market will continue to operate weakly in the short term, and prices are expected to continue to decrease in the coming days.
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