SunSirs: Supply Side Was Bearish, and Aniline Experienced a Wide Decline
November 20 2024 09:23:55 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, aniline has fallen twice recently, with a magnitude of 300 RMB/ton and 400 RMB/ton respectively, and the price has fallen near the cost line.
Analysis review
Recently, the production of aniline has increased, and there were plans to restart the Tianji aniline plant. Downstream companies were cautious about entering the market, and the shipment of aniline was not smooth. In order to stimulate the shipments, prices have continued to decline. After the decline, the market atmosphere has improved, and factories raised prices.
Market outlook
It is expected that in the short term, there will be limited room for further decline in the price of aniline, and it will operate weakly and consolidate.
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