Price trend

According to the SunSirs Commodity Market Analysis System, aniline prices rose slightly last week. On April 13, the market price for aniline stood at 11,362 RMB/ton; by April 17, the price had risen to 11,662 RMB/ton—marking a 2.64% increase over the period and a 52.95% increase compared to the same period last year.

Market Highlights

Throughout the week, trading in the aniline market remained steady; manufacturers experienced smooth product movement and effective inventory reduction. Market supply shifted from loose to tight, prompting aniline producers to actively push for price increases. Downstream buyers entered the market on an as-needed basis, driven primarily by immediate requirements. On the feedstock front, prices fluctuated within a narrow range, offering diminishing support to aniline; consequently, the upward trend in aniline prices was driven primarily by supply-and-demand dynamics.

Cost Perspective: Throughout the week, benzene prices fluctuated within a defined range. In the short term, a reduction is anticipated in the supply of both domestically produced and imported petroleum-based benzene—particularly regarding imports, which are expected to continue declining. Consequently, the domestic supply-demand landscape for benzene is trending stronger; this is expected to provide significant support for the future pricing of hydro-benzene, suggesting that the market will likely continue to exhibit a fluctuating yet upward-leaning trajectory.

Market outlook

Last week, the aniline market was primarily engaged in digesting recent price gains. With market fundamentals showing little significant change, the market is expected to undergo a period of high-level consolidation in the short term; close attention should be paid to developments in raw material markets and shifts in market supply and demand.

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