1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market has maintained stable operation this week. On October 20th, the market price of aniline was 7935 yuan/ton, and on October 24th it was 7995 yuan/ton, with no increase during the week and a decrease of 18.31% compared to the same period last year.
2、 Analysis and Review
This week, suppliers in the aniline market have raised prices, and prices have remained firm. As of this Friday, the mainstream price of aniline in the market is 7950-8050 yuan/ton. Mainstream factories have increased their workload this week, and maintenance equipment is preparing to restart, resulting in insufficient support from the supply side. Downstream demand remains high as raw materials continue to weaken. Under the influence of multiple factors, the aniline market is in a state of stagnation and consolidation.
Cost wise: The main port of pure benzene in East China maintains a pace of destocking, and the market sentiment is weak. Combined with weak downstream growth and intensified losses, coupled with insufficient new orders at the terminal, secondary downstream inventory remains high and difficult to reduce, resulting in significant resistance to price transmission. The pure benzene market continues to weaken and decline.
3、 Future expectations
The current favorable supply side of the aniline market has been exhausted, coupled with weak demand and weak cost side, it is expected that the aniline market will be prone to decline but difficult to rise in the future.