Price trend
According to the Commodity Market Analysis System of SunSirs, the price of aniline has fallen sharply this week. On June 30th, the market price of aniline was 8,125 RMB/ton, and on July 4th it Is 7,525 RMB/ton, a decrease of 7.38% during the period and a decrease of 31.85% compared to the same period last year.
Analysis review
This week, the aniline market in Shandong performes weakly, with mainstream factories leading the decline and prices falling sharply. Multiple sets of maintenance devices are restarted one after another within the week, and the supply side weakens. The raw material benzene is weakly declining due to the decline in crude oil prices and high port inventories. The demand side maintains rigid demand and is relatively stable.
On the cost side, the decline in benzene is slowing down, and the atmosphere in Shandong's refineries is relatively mild. East China ports continue to accumulate inventory, with average market performance. Overall, businesses are relatively cautious, with market prices mainly operating at a standstill.
Future outlook:
The current aniline market lacks positive news guidance, with factories reducing prices and stocking up smoothly. With no significant fluctuations in raw materials, the aniline market is expected to consolidate and operate in the future.
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