This week, the price of aniline fell sharply (July 22-26, 2024)

1、 Price trend

 

According to the Commodity Market Analysis System of Shengyi Society, the price of aniline has slightly increased this week. On June 10th, the market price of aniline was 12117 yuan/ton, and on June 14th it was 12166 yuan/ton, an increase of 0.39% compared to last week and 11.49% compared to the same period last year.

 

2、 Analysis and Review

 

Pure benzene: The pure benzene market continues to decline, with an increase in upstream supply and downstream maintenance companies during the week. Supply remains loose, inventory remains high, and demand follow-up is slow. Under various pressures, the price of pure benzene has been under pressure and has fluctuated at a low level.

 

Nitric acid: Domestic nitric acid prices fluctuated at a low level this week. On July 22, the price was 1653 yuan/ton, and on July 26, the price was 1656 yuan/ton, with a 0.2% increase during the cycle, indicating weak support for aniline.

 

3、 Future expectations

 

At present, the production and sales of aniline in the market are weak. In the context of weak demand and declining costs, aniline has fallen to a low point seeking support. It is expected that the short-term aniline shipment mentality will continue, waiting for new news guidance.

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