1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market fluctuated in December, with a slight overall increase. On December 1st, the market price of aniline was 9337 yuan/ton, and on December 27th, the price was 9375 yuan/ton, with a monthly increase of 0.4% and a decrease of 12.89% compared to the same period last year.

2、 Analysis and Review

The aniline market in December was dominated by supply and demand, with prices fluctuating within a range. In the first half of the month, the price of raw material pure benzene increased, and the profit of aniline narrowed. Under cost pressure, aniline slightly rose, and downstream acceptance was average. Subsequently, the market digested the increase, and the price remained stable. At the end of the month, the company’s stock flow was average, and inventory pressure increased. At the same time, the price of pure benzene fell, and the price of aniline began to decline. The price fell to a low level, downstream entered the market at a low price, and after the release of upstream inventory, the price slightly increased.

Pure benzene: In December, the pure benzene market first rose and then fell. At the beginning of the month, downstream buying increased, and the price of pure benzene rose. Subsequently, there was a high-level consolidation and operation, while downstream prices of pure benzene saw a slight decline due to high raw material prices, tightened profits, and weak purchasing intentions. On December 1st, the average price of pure benzene was 7338 yuan/ton, and on December 27th, the average price of pure benzene was 7513 yuan/ton, an increase of 2.37% during the period.

3、 Future expectations

The current favorable support for the aniline market is insufficient, and the raw material pure benzene is showing a weak trend. At the same time, the downstream is in a stalemate and waiting, and inventory is accumulating on the market. It is expected that the aniline market will operate weakly in the short term.