SunSirs: Aniline Dynamics on August 9, 2023
August 09 2023 14:06:32Benzene: Yesterday, a transaction of 7650-7720 RMB/ton was made in East China, indicating a decrease in spot buying enthusiasm. After a low opening, it weakened and consolidated, with a clear downstream wait-and-see trend. Shandong 7760-7880 RMB/ton, trading atmosphere weakened. Some downstream purchases are normal, with average intraday transactions. The night trading fell to 7620-7650 RMB/ton, with East China pure benzene expected to experience weak fluctuations in the morning.
At present, aniline shipments are stable and the fundamentals are relatively strong, and it is expected that there will still be room for aniline to rise within the week. The market price of aniline today is 11000 RMB/ton, an increase of 200 RMB/ton compared to the previous day.
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