SunSirs: Aniline Dynamics on August 1
August 02 2022 08:42:42     SunSirs (John)Price trend
On August 1, the price of aniline in Shandong was 10,900-11,130 RMB/ton; the price of aniline in East China was 11,350-11,800 RMB/ton.
Analysis review
In terms of cost, the downstream short-filling at the end of July has ended, and the demand for pure benzene has weakened; coupled with the market's weak expectations for August, the price of pure benzene may continue to decline. On the 1st, the domestic price of pure benzene was 8,650-8,950 RMB/ton.
Market outlook
The cost side is weak and falling, the downstream buying of aniline is not good, and there is room for aniline to fall.
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