Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline stopped falling and increased last week. On June 9th, the market price of aniline was 7,225 yuan/ton, and on June 13th it was 7,325 yuan/ton, with a 1.38% increase during the period and a 39.8% decrease compared to the same period last year.

Analysis review

Last week, the aniline market in Shandong was boosted by costs, with prices rising significantly and positively. During the week, crude oil rose strongly, driving the price of benzene to strengthen. Aniline's low-priced delivery was smooth, with little inventory pressure. Driven by costs, the price of aniline had risen. Downstream demand was the main demand, and the buying potential was still acceptable.

Cost side: Last week, benzene was driven by oil prices, with a strong upward trend in price. The average price at the beginning of the week was 5,955 yuan/ton, and the average price over the weekend was 6,170 yuan/ton, with a 3.55% increase during the cycle.

Market outlook

The trading atmosphere for aniline was still good. With the sharp rise in crude oil prices on Friday and the boost from the cost side, it is expected that the aniline market will be stronger in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.