SunSirs: The Aniline Market Had Been Operating Weakly and Steadily This week (November 11-15)

https://www.chemnet.com   Nov 18,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline has been running steadily this week. On November 11th, the market price of aniline was 9,500 RMB/ton, and on November 15th, the price was 9,500 RMB/ton. There was no increase or decrease during the cycle, but it decreased by 25.49% compared to the same period last year.

Analysis review

This week, the aniline market has been consolidating and operating, with prices remaining stable. During the week, the upstream equipment load increased, the supply increased, and the downstream cautiously entered the market. The purchasing intensity weakened, and the on-site inventory trend increased, resulting in a weak overall market operation.

Benzene: Recently, the benzene market has fluctuated and fallen, weakening support for aniline. On November 11th, the average price of benzene was 7,161 RMB/ton, and on November 15th, the average price of benzene was 7,136 RMB/ton, a decrease of 0.35% during the period.

Market outlook

As of November 15th, the cost support in the aniline market was average, with major aniline factories operating at full capacity and Tianji equipment restarting, and the supply side being dominated by negative factors. It is expected that aniline will continue to decline in the short term.

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