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SunSirs: The Price of Aniline will Continue to Rise

https://www.chemnet.com   Mar 17,2023 SunSirs

Latest price of aniline (3-15): 12875 RMB/ton, bullish in the future

Key analysis points: On March 15th, the price rose 1.18% compared to the previous trading day. The spot supply is tight, downstream construction is normal, aniline shipments are stable, some factories are bullish on holding goods, and the offer is up; Some factories maintain a shipping mentality and wait and see, leading to a bullish market. At the same time, downstream purchasing sentiment has increased. MDI enterprises have stabilized outsourcing, accelerated aniline spot consumption, and low inventory levels, boosting the aniline market.

Future forecast: Supply has significantly decreased, market sentiment is bullish, and aniline continues to rise.

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