Commodity News

SunSirs: Aniline News on August 22

August 23 2022 11:07:16 SunSirs (John)

Price trend

On August 22, the price of aniline in Shandong was 9,800-10,000 RMB/ton; the price of aniline in East China was 10,000-10,500 RMB/ton.

Analysis review

In terms of cost, pure benzene fell sharply last week, which led to a slight increase in downstream purchasing sentiment; crude oil and Asian pure benzene rose slightly last Friday, providing support; downstream styrene prices rose on the 22nd, and the pure benzene market strengthened slightly. On the 22nd, the domestic price of pure benzene was 7,500-7,700 RMB/ton.

Pure benzene rebounded slightly, but the fundamentals of aniline were weak, and the industry was cautiously watching.

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