Cost driven increase in aniline prices

1、 Price trend

sulphamic acid

According to the Commodity Market Analysis System of Shengyi Society, the price of aniline has stopped falling and increased this week. On June 9th, the market price of aniline was 225 yuan/ton, and on June 13th it was 7325 yuan/ton, with a 1.38% increase during the period and a 39.8% decrease compared to the same period last year.
2、 Analysis and Review
This week, the aniline market in Shandong has been boosted by costs, with prices rising significantly and positively. During the week, crude oil rose strongly, driving the price of pure benzene to strengthen. Aniline’s low-priced delivery is smooth, with little inventory pressure. Driven by costs, the price of aniline has risen. Downstream demand is the main demand, and the buying potential is still acceptable.
Cost aspect: This week, pure benzene was driven by oil prices, with a strong upward trend in price. The average price at the beginning of the week was 5955 yuan/ton, and the average price over the weekend was 6170 yuan/ton, with a 3.55% increase during the cycle.
3、 Future expectations
The current trading atmosphere for aniline is still good. With the sharp rise in crude oil prices on Friday and the boost from the cost side, it is expected that the aniline market will operate strongly in the short term.

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