The aniline market fluctuated and stabilized in August

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the aniline market fluctuated and stabilized in August. On August 1st, the market price of aniline was 7550 yuan/ton, and on August 28th, the price was 7550 yuan/ton, with no fluctuations during the cycle, a decrease of 25.43% compared to the same period last year.
2、 Analysis and Review
The aniline market fluctuated in the first half of August and returned to stability in the second half. At the beginning of the month, with low inventory levels in enterprises, mainstream manufacturers collectively raised prices by 300 yuan/ton, and the mainstream market price rose to 7800-7900 yuan/ton. Subsequently, downstream gas buying fell, trading volume decreased, and aniline prices were lowered by 100 yuan/ton. With the rise in prices, downstream market entry is cautious, and there are many small businesses, resulting in poor sales for manufacturers. The market atmosphere is deadlocked, and factories are lowering prices to stimulate sales. In late August, the raw material pure benzene fluctuated and rose, with increased cost support. The price of aniline remained firm, and the stable market continued until the end of the month.
Pure benzene: The pure benzene market fluctuated and rose in August, influenced by its own supply and demand and macro privacy. The average price of pure benzene at the beginning of the month was 6075 yuan/ton, and the average price at the end of the month was 6154 yuan/ton, with a monthly increase of 1.28%.
3、 Future expectations
The current cost pressure in the aniline market is increasing, and downstream companies are entering the market on demand. Aniline companies are experiencing difficulties in shipping, and it is expected that the aniline market will consolidate and operate in the short term.