1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the overall market for aniline has risen this week. On August 3rd, the market price of aniline was 7550 yuan/ton, and on August 8th, the price was 7775 yuan/ton, with a cycle increase of 2.98% and a decrease of 26.30% compared to the same period last year.
2、 Analysis and Review
This week, Shandong aniline actively pushed up prices. On Monday, with low inventory levels in enterprises, mainstream manufacturers collectively raised prices by 300 yuan/ton, and the mainstream market price rose to 7800-7900 yuan/ton. Subsequently, downstream gas buying fell, trading volume decreased, aniline prices were lowered by 100 yuan/ton, and gas buying recovered to some extent. The market continued to stabilize until the weekend.
Cost wise: Pure benzene has slightly decreased this week. The overall supply has slightly contracted, with both petroleum benzene and hydrogenated benzene decreasing, and there has been no synchronous improvement in demand. The average price at the beginning of the week was 6075 yuan/ton, and the average price over the weekend was 6.56 yuan/ton, with a decrease of 0.31% during the week. The pure benzene market maintains a loose supply situation, with weak fundamentals, which affects the trend of pure benzene.
3、 Future expectations
The current supply and demand of the aniline market are stable, with smooth flow of goods and little inventory pressure. It is expected that the aniline market will maintain consolidation and operation in the short term.
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