Price trend

On the 18th, the price in Shandong was 11,500-11,730 RMB/ton; the price of aniline in East China was 11,800-12,500 RMB/ton.

Analysis review

On the cost side, crude oil rebounded last Friday, and benzene fell slightly in the outer disk. After the decline of benzene, the downstream demand followed up, and the spot price rebounded slightly. On the 18th, the domestic price of  benzene was 8,600-9,150 RMB/ton.

The weakening of benzene drove the cautious attitude of the aniline market, and some companies lowered the price of aniline in order to promote shipments.

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