1、 Price trend
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This week, the price of aniline has declined. On May 18th, the market price of aniline was 11462 yuan/ton, and on May 22nd, it was 11062 yuan/ton. The price dropped by 3.49% during the week and increased by 45.08% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market has experienced a weak decline, and the price of raw material pure benzene has recently been weakly lowered, leading to insufficient market confidence and weakened purchasing power. Aniline companies have lowered prices by 100 yuan/ton and 300 yuan/ton respectively to stimulate sales. As of Friday, the mainstream price of aniline has dropped to 11000-11200 yuan/ton.
Cost aspect: Recently, the pure benzene market has fluctuated within a certain range. Due to the continued restrictions on passage through the Strait of Hormuz, some Asian refineries have gradually reduced production, resulting in a significant contraction in pure benzene supply; The downstream negative feedback of pure benzene continues, but the overall supply and demand expectations for pure benzene remain tight, and port inventories continue to decline, providing support for prices.
3、 Future expectations
After the price fell, the demand side of the aniline market eased, and downstream gradually followed suit. Without significant changes in the raw material side, it is expected that the aniline market will consolidate and operate in the short term.
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