Price trend

According to the Commodity Market Analysis System of SunSirs, as of July, the aniline market has experienced a decline, with the average price dropping to 7,025 RMB/ton as of the 9th. Compared to the beginning of the month at 7,900 RMB/ton, the decline was as high as 11.08%.

Analysis review

One reason was that the price of raw material benzene entered a downward channel, and aniline was significantly dragged down by costs. Secondly, the maintenance equipment was restarted in July, and the market supply was filled quickly, causing the company to accumulate inventory. The third reason was that the downstream was in the off-season, with mainly small orders and a strong atmosphere of observation.

Market outlook

In the short term, there are many negative factors in the aniline market, and there is temporarily no positive boost. The price of aniline has fallen to a low level, and it is expected that the downward trend will slow down in the future, with weak consolidation as the main operation.

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