Price trend

According to the commodity market analysis system of SunSirs, the aniline market remained high and firm this week. The price of aniline was 8,845 RMB/ton on February 9 and 13, with no change during the period. It was down 3.47% compared with the same period last year.

Market analysis

The aniline market saw a slight increase this week before stabilizing. Downstream buyers had largely completed their pre-holiday stockpiling, and market activity gradually slowed as downstream operations began to shut down for the holidays. Aniline producers maintained low inventory levels and faced minimal sales pressure, resulting in stable aniline prices at high levels.

On the cost side: Benzene prices have fallen as downstream restocking has ended and demand is low. With continued high arrivals at major ports, inventory levels at major ports in East China are likely to remain high. Downstream factories are resistant to high-priced raw materials, putting downward pressure on benzene prices.

Market outlook

With the current aniline market fundamentals supporting the outlook, prices are expected to remain stable around the Spring Festival. Close attention should be paid to changes in market supply and demand.

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