SunSirs: Aniline Market Dynamics on August 8
August 09 2022 09:09:07     SunSirs (John)Price trend
On August 8, the price of aniline in Shandong was 10,500-10,700 RMB/ton; the price of aniline in East China was 10,800-11,600 RMB/ton.
Analysis review
On the cost side, crude oil support weakened; downstream concentrated parking to reduce load, the demand for pure benzene weakened; Sinopec continuously lowered the listing price, the pure benzene market mentality was not good, and the price fell. On the 8th, the domestic price of pure benzene was 8,050-8,200 RMB/ton.
The decline of pure benzene expanded, and the cost support was not good. On the 8th, aniline companies lowered prices to promote shipments.
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