SunSirs: The Aniline Market Was Temporarily Stable This Week (December 9-13)
December 16 2024 09:22:39 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the price of aniline had been running steadily this week. On December 9th, the market price of aniline was 9,525 RMB/ton, and on December 13th it was 9,525 RMB/ton. There was no fluctuation during the period, a decrease of 10.14% compared to the same period last year.
Analysis review
This week, the aniline market digested the increase and maintained stable operation. Due to multiple increases in aniline prices within the week, downstream market entry enthusiasm had weakened, with rigid demand being the main factor. The factory inventory remained at a healthy level, production was stable, and aniline prices were temporarily stable.
Benzene: Recently, the benzene market had strengthened and consolidated, with increased support for aniline. On December 1st, the average price of benzene was 7,338 RMB/ton, and on December 13th, the average price of benzene was 7,856 RMB/ton, an increase of 3.36% during the period.
Market outlook
As of December 13th, the northern market for aniline was affected by rainy and snowy weather, resulting in significant transportation resistance and poor factory delivery. It is expected that the aniline market will weaken and consolidate in the short term.
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