Entering the Market at a Low Price, Buying Momentum for Aniline Has Rebounded

Price trend

According to the Commodity Market Analysis System of SunSirs, the price of aniline has slightly increased recently, with a 50 RMB/ton increase on Thursday and a 100 RMB/ton increase on Friday. As of this Friday, the spot price of aniline in East China had risen to 9,150 RMB/ton, with acceptance of 9,250 RMB/ton.

Analysis review

It is reported that the price of aniline has fallen to a low level, and downstream companies have entered the market at a low price, resulting in improved purchasing power and reduced inventory. In addition, with cost support, aniline factories have actively pushed up prices.

Market outlook

With the rise in prices, downstream market entry was cautious, and it is expected that the market will consolidate after the rise of aniline in the short term.