1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the price of aniline has slightly increased this week. On April 13th, the market price of aniline was 11362 yuan/ton, and on April 17th, it was 11662 yuan/ton. The price has increased by 2.64% during the cycle and 52.95% compared to the same period last year.
2、 Analysis and Review
During the week, the trading in the aniline market remained stable, with smooth shipments and good inventory turnover. The market supply shifted from loose to tight, and aniline companies actively pushed up prices. Downstream entry into the market is based on demand, with a focus on essential needs. The fluctuation in the raw material sector has weakened the support for aniline, and the upward trend of aniline is mainly boosted by the supply and demand side.
On the cost side, the price range of pure benzene fluctuated within the week. In the short term, there are expectations of a reduction in both domestic and imported petroleum benzene, especially with a continued decrease in imported sources. The domestic supply and demand pattern of pure benzene tends to be strong, which will provide significant support for the price of hydrogenated benzene in the later stage. The market may continue to fluctuate strongly.
Future expectations
At present, the aniline market is mainly digesting the increase, and the fundamental changes in the future market are not significant. It is expected that the aniline market will operate at a high level in the short term, and close attention will be paid to changes in the supply and demand of raw materials and the market.