Price trend

According to SunSirs' commodity price analysis system, the aniline market has seen an upward trend recently. On December 11th, the price of aniline was 7,637 RMB/ton, and on December 18th, the price was 7,945 RMB/ton, representing a 4.03% increase during the period, but a 12.21% decrease compared to the same period last year.

Market Analysis

Recently, the aniline market has been supported by positive factors on the supply side, leading to a significant price increase. On Monday, some factories underwent maintenance, and the expectation of reduced supply boosted market confidence. At the same time, due to previously low prices, companies did not face significant inventory pressure. On Monday, manufacturers raised prices by 250 RMB/ton, reaching 7,900 RMB/ton. However, with prices reaching a high level, demand remained relatively weak, and aniline prices consolidated at this high level throughout the weekend.

Cost perspective: The market price of raw material benzene continues to fluctuate at a low level. Benzene supply has decreased recently, but a large volume of shipments arrived from the end of November to early December, leading to a continuous increase in port inventories. From the demand side, downstream benzene production loads have decreased to varying degrees recently. In the short term, the overall supply and demand for benzene remains weak, coupled with weak support from crude oil prices, resulting in benzene maintaining a weak trend.

Market Outlook:

The current aniline market is stable with moderate trading activity and average demand. The aniline market is expected to remain stable in the short term. Close attention should be paid to future changes in raw material prices and supply and demand dynamics.

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