Price trend
According to the Commodity Market Analysis System of SunSirs, the aniline market was consolidating and operating last week. On July 21st, the market price of aniline was 7,245 RMB/ton, and on July 25th, the price was 7,245 RMB/ton. There was no fluctuation during the cycle, a decrease of 31.16% compared to the same period last year.
Analysis review
Shandong aniline was running smoothly last week. The upstream equipment was running smoothly, the enterprise inventory was maintaining a healthy level, and sales were stable. Downstream urgently needed to enter the market, with a shortage of new orders. Upstream benzene oscillated narrowly, but it still supported aniline. With little fluctuation in raw materials and stable market supply and demand, the price of aniline remained stable.
Cost side: Benzene had slightly increased, with an average price of 5,858 RMB/ton at the beginning of the week and 5,881 RMB/ton over the weekend, representing a 0.35% increase during the week. The benzene market maintained a loose supply situation, with weak fundamentals and limited upward potential.
Market outlook
The aniline market lacked positive news guidance, with limited support on the raw material side and stable demand. It is expected that the aniline market will maintain a consolidation in the short term.
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