SunSirs: The Center of Aniline Was Unstable due to Cost Reduction

Price trend

According to the Commodity Market Analysis System of SunSirs, the aniline market has been consolidating and operating recently, with a downward trend in price focus. The spot price of aniline in East China was 9,100-9,200 RMB/ton, with an acceptance price of 9,250 RMB/ton.

Analysis review

It is reported that international oil prices have weakened due to concerns about the impact of US tariffs on global growth and oil demand. The supply and demand support for benzene was weak, and the US Gulf price continued to fall below the price of benzene in South Korea, leading to bearish market sentiment. The production of aniline on the supply side was stable, but downstream demand has entered the market. Due to the decline in benzene prices and insufficient market information, some factories have slightly lowered their prices.

Market outlook

The cost side was bearish, and there was insufficient follow-up from the demand side. It is expected that the aniline market will operate to be weaker in the short term.

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