1、 Price trend
This week, the aniline market rose at a high level. On August 31st, the price of aniline in the market was 13425 yuan/ton, and on September 4th, it was 13525 yuan/ton. The price increased by 0.74% during the week and 79.14% compared to the same period last year.
2、 Analysis and Review
Supported by high prices of aniline during the week, aniline narrowly pushed up. High raw material prices, tightened profits for downstream products of aniline, weakened purchasing intentions, and a focus on essential needs. The rise in the price of raw material pure benzene has driven up the price of aniline. As of this Friday, the mainstream domestic price for aniline is 13500-13600 yuan/ton.
On the cost side: The pure benzene market is tight and the supply and demand pattern is becoming loose. On the one hand, production enterprises are in a negative channel. On the other hand, although downstream profits have recovered, production is still dragged down by terminals, resulting in a slow negative trend. The current absolute inventory level is still low, and the circulation of goods has not yet increased, so the price performance is firm. Short term geopolitical waves are resurging, and the logic of pure benzene shortage is once again dominant, causing the price center to shift upward.
3、 Future expectations
The current price of aniline has risen to a high level, and the market is digesting the increase. Under high costs, the downstream market’s enthusiasm for entering the market has weakened, with rigid demand being the main factor. It is expected that there will be significant resistance to the continued rise of aniline in the short term, and we will closely monitor changes in costs and demand.
| http://www.polyvinylalcohols.com |