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SunSirs: Aniline Trends on November 2, 2023
November 03 2023 13:54:10SunSirs(John)

Pure benzene: The East China market has slightly declined, with crude oil closing lower and downstream styrene trading higher before falling back. The pure benzene market is mainly traded in November to December, with light market transactions. Shandong's offer slightly declined, with price reductions for promotion. Downstream normal bidding has boosted market buying to some extent, with some refineries having good transactions and some refineries experiencing poor shipments. Crude oil has continued to decline, and it is expected that East China pure benzene will experience weak fluctuations in the morning.

The shipment of aniline from the factory was good, and there was no pressure on factory inventory. Some factories were undergoing maintenance, and supply was tight. It is expected that aniline will steadily increase. On November 2nd, the market price of aniline was 11,800 RMB/ton, an increase of 200 RMB/ton compared to the previous day.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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