Supply reduced, aniline prices rise at low levels

1、 Price trend
According to the commodity market analysis system, the market position of aniline has recently risen. On December 11th, the market price of aniline was 7637 yuan/ton, and on December 18th it was 7945 yuan/ton, with a 4.03% increase during the period and a 12.21% decrease compared to the same period last year.
2、 Analysis and Review
Recently, the aniline market has received positive support from the supply side, resulting in a significant increase in prices. On Monday, some factories underwent maintenance, leading to reduced supply expectations and boosting business confidence. At the same time, the price position in the early stage and the inventory pressure of the enterprise are not significant. On Monday, the manufacturer increased by 250 yuan/ton. The price has risen to 7900 yuan/ton. As prices rise to a high level and demand remains relatively flat, the high price of aniline is expected to stabilize over the weekend.
Cost wise: The raw material pure benzene market continues to fluctuate at a low level. Recently, the supply of pure benzene has decreased, but from the end of November to early December, it has been concentrated at ports, and port inventories have continued to rise. From the demand side, the downstream load of pure benzene has decreased to varying degrees recently. The overall supply and demand of pure benzene in the short term are weak, coupled with weak support from crude oil on the cost side, resulting in weak operation of pure benzene.
3、 Future expectations
At present, the trading in the aniline market is stable and the demand is flat. It is expected that the aniline market will maintain stable operation in the short term, and we will closely monitor the changes in raw materials and supply and demand in the future.

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