Price trend
According to the SunSirs’ commodity market analysis system, aniline market prices rose in August, but then retreated, returning to the level at the beginning of the month. As of the 14th, the average price of aniline fell to 7,550 yuan/ton, which was the same as the price at the beginning of the month.
Analysis review
At the beginning of the month, factories were operating with low inventories, actively pushing prices higher. However, as prices rose, downstream companies entered the market cautiously, with most orders being small, and manufacturers were struggling to sell their products. The market remained stagnant, and factories were reducing prices to stimulate sales. The price of raw material pure benzene has risen recently, cost support has been strengthened, and the price of aniline has remained firm.
Market outlook
In the short term, the price of aniline has fallen to the level at the beginning of the month. With the strengthening of benzene prices, the aniline market is expected to be stronger in the future.
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