SunSirs: Aniline Dynamics on June 11, 2024
June 11 2024 15:17:45 SunSirs (John)
Price trend
On the 11th, the price of aniline was 12,100 RMB/ton, an increase of 50 RMB/ton compared to the previous day.
Analysis review
During the festival, most aniline factories had average shipments, and inventory began to accumulate slightly. Short term factories did not face much pressure, and prices remained stable with slight increases. After the holiday, the market sentiment is light, and further attention needs to be paid to downstream and terminal operations.
Benzene: Before the holiday, the price of benzene in East China rebounded, but there was a difference in high price transactions. Shandong's purchasing intention has improved, prices have rebounded, and transactions have increased in volume. During the holiday period, East China was closed, and the focus of Shandong's refining industry continued to rise to 9,250-9,300 RMB/ton. Crude oil rebounded, port inventories are expected to be destocked, and East China benzene is expected to open high and fluctuate in the morning.
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