SunSirs: Aniline Prices Slightly Decreased This Week (June 25-30)
July 03 2023 13:47:45 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the price of aniline hadslightly decreased this week. On June 25th, the market price of aniline was 10,800 RMB/ton, and on June 30th, it was 10,200 RMB/ton, a decrease of 5.55% compared to last week.
Analysis review
Pure benzene: Yesterday (June 29th), East China pure benzene reached 6,040-6,100 RMB/ton, and the market price of styrene rebounded. The spot price of pure benzene followed suit, with average demand. The mentality of purchasing goods on the Shandong market improved, and the transaction was better at 6,060-6,130 RMB/ton. On Friday (June 30th), the price of pure benzene was 6,200 RMB/ton, a decrease of 0.32% from last week and 34.9% from the same period last year.
Nitric acid: Domestic nitric acid prices had slightly decreased this week. On June 25th, the price was 1,966 RMB/ton, and on June 30th, it was 1,950 RMB/ton. The price decreased by 2.5% compared to last week and 33.89% compared to the same period last year.
Market outlook
As of the 30th, various maintenance devices had gradually returned, and the supply of aniline had improved. However, with the arrival of the off-season in summer, downstream factories hade a weak intention to stock up, demand was weak, and supply and demand were imbalanced. Today, the price of aniline is stable and we are watching. On the 30th, aniline price remained stable and watching.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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