1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market stopped falling and rose this week. On November 3rd, the market price of aniline was 7675 yuan/ton, and on November 7th it was 7737 yuan/ton, with a weekly increase of 0.81% and a decrease of 16.8% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market stopped falling and rebounded. During the week, the price of raw material pure benzene slightly increased, and the production of raw material nitric acid in the main production areas was low. The price of nitric acid was tight and the price increased. The production of aniline enterprises for nitric acid extraction was restricted, and there is a possibility of negative pressure in the later stage. Under the boost from the raw material side, aniline factories collectively raised prices, resulting in active transactions and continuous price increases for aniline.
On the cost side: The pure benzene market has slightly improved this week, with insufficient downstream orders and continued losses. The enthusiasm for raw material procurement is still not high, but with the price of pure benzene reaching a new low, downstream companies have entered the market on dips, and the market has rebounded slightly. The market has risen slightly this week.
3、 Future expectations
The current aniline market is active in trading, with reduced inventory pressure. It is expected that the aniline market will consolidate and operate after a short-term rise, and close attention will be paid to changes in supply and demand in the future.