1、 Price trend

This week, the aniline market has risen sharply. On July 6th, the price of aniline in the market was 9825 yuan/ton, and on July 10th, it was 10725 yuan/ton. The price increased by 9.16% during the week and 50.1% compared to the same period last year.
2、 Analysis and Review
During the week, the supply of aniline was tight, and the company’s inventory was controllable. With stable demand, prices were pushed up. At the same time, the price of raw material pure benzene has strengthened, and the listing price of pure benzene by major manufacturers has been raised. Driven by both raw materials and demand, the price of aniline has risen by 500 yuan/ton and 400 yuan/ton respectively during the week. As of this Friday, the mainstream domestic price for aniline is 10700-10800 yuan/ton.
On the cost side: The Middle East conflict has been fluctuating throughout the week, with crude oil prices rising and pure benzene production rates falling to a historic low. Supply is tight, leading to a strong upward trend in pure benzene prices. Downstream production has declined, with some downstream areas experiencing a downturn, resulting in pressure on production rates. Overall, with strong cost support and expectations of increased exports, it is expected that the pure benzene market will show a strong trend in July.
3、 Future expectations
The current price of aniline has risen to a high level, and downstream caution has led to a slowdown in demand. It is expected that the aniline market will absorb the increase in the short term and closely monitor changes in costs and demand.