1、 Price trend
Sulfamic acid |
According to the Commodity Market Analysis System of Shengyi Society, the aniline market is temporarily stable this week. On August 18th, the market price of aniline was 7550 yuan/ton, and on August 22nd it was 7550 yuan/ton. There was no increase or decrease during the week, a decrease of 27.09% compared to the same period last year.
2、 Analysis and Review
This week, there was a stalemate in the sorting and operation of aniline in Shandong. Aniline companies face significant inventory pressure, with downstream demand being the main factor and small order transactions being the main focus. The raw material pure benzene is operating with a narrow range of fluctuations, and the cost support is still acceptable. However, the market lacks favorable support, and the aniline market is consolidating and running.
Cost wise: Pure benzene has fluctuated slightly this week. As the end of the month approaches, downstream procurement is coming to an end, and the pressure on intermediaries to ship is increasing, resulting in a downward shift in the focus of transactions. Overall, with the increase in import volume and the production of new production capacity, the demand side is struggling to keep up, and the fundamentals are weak, resulting in a sluggish rise in the pure benzene market.
3、 Future expectations
Currently, the inventory of aniline enterprises is not smooth, and the focus of transactions has loosened. It is expected that the aniline market will operate weakly in the short term.
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