SunSirs: The Aniline Market Maintained Stable Operation This Week (January 20-24)

Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline has been running steadily this week. On January 20th, the market price of aniline was 9,075 RMB/ton, and on January 24th, the price was 9,075 RMB/ton. There was no increase or decrease during the period, a decrease of 12.42% compared to the same period last year.

Analysis review

This week, the aniline market remained stable with small fluctuations. As the year-end approaching, downstream stocking was basically completed, while upstream mainly completes old customer orders, with a shortage of new orders. The trading atmosphere in the market has weakened, with upstream prices following the market trend and some companies making slight adjustments, while the overall market remained stable.

Benzene: Recently, the benzene market has strengthened and consolidated, with increased support for aniline. On January 20th, the average price of benzene was 7,519 RMB/ton, and on January 24th, the average price of benzene was 7,542 RMB/ton, an increase of 0.3% during the period.

Market outlook

As the year-end approaching, the transportation was restricted, the inventory of aniline in the market was low. It is expected that the aniline market will consolidate and operate in the short term.

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