SunSirs: Due to Weak Costs, the Aniline Market Experienced a Wide Decline (April 14-18)

Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline has fallen sharply this week. On April 14th, the market price of aniline was 7,925 RMB/ton, and on April 18th it was 7,626 RMB/ton, a decrease of 3.79% during the period and a decrease of 36.81% compared to the same period last year.

Analysis review

This week, the aniline market in Shandong has shown a significant decline, while other regions have temporarily stabilized. During the week, major factories in Shandong province lowered their prices by 400 RMB/ton, and the mainstream price of aniline dropped to 7,500-7,600 RMB/ton. Mainstream factories in these areas restarted their maintenance facilities, leading to an expected increase in supply. Downstream market entry was cautious, while upstream sales were sluggish, resulting in a sluggish market atmosphere. As a result, the price of aniline was significantly lowered to a low level.

Cost wise: The benzene market has been further affected by tariff policies recently, resulting in a further decline in prices. There has been a slight rebound this week, but the policy situation was teporarily unclear, and price support was insufficient, with limited momentum for further upward movement in the future.

Market outlook

The  price of benzene raw material was weak, and the purchasing and sales atmosphere of the aniline market is not good. It is expected that the aniline market will be weaker in the short term.

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