1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the price of aniline has risen strongly this week. On August 4th, the market price of aniline was 9825 yuan/ton, and on August 9th it was 10550 yuan/ton. The price increased by 7.38% compared to last week and decreased by 5.32% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market rebounded strongly and experienced three consecutive increases. Due to the continuous decline in aniline prices in the early stage, enterprises entered a state of loss and smoothness. Mainstream factories began to actively promote price increases, which led to an increase in market purchasing and sales enthusiasm. Downstream buyers rose and entered the market, and the market atmosphere improved. Upstream effectively destocked.
Pure benzene: The pure benzene market has been fluctuating recently, with a slight rebound this week. However, due to sufficient supply and weak demand, the upward trend is weak, and the overall trend is slightly downward. On August 1st, the average price of pure benzene was 8438 yuan/ton, and on August 9th, the average price of pure benzene was 8420 yuan/ton, a decrease of 0.25% during the period.
3、 Future expectations
The current aniline market is stable in terms of purchase and sales, and the upstream cost pressure has been effectively released. Considering the downstream acceptance level, the resistance to further price increases, and it is expected that the market will consolidate in the short term.
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