1、 Price trend
| povidone Iodine |
This week, the aniline market continued to rise, with prices at 11125 yuan/ton on July 20th and 11525 yuan/ton on July 20th. The price increased by 3.6% during the week and 59.08% compared to the same period last year.
2、 Analysis and Review
During the week, the supply of aniline itself was tight, and the inventory of enterprises was controllable. The price of raw material pure benzene was boosted by crude oil, and the price was adjusted upwards. The production cost of aniline has increased, coupled with good market demand, resulting in multiple price increases for aniline. As of this Friday, the mainstream domestic price for aniline is 11500-11600 yuan/ton.
Cost wise: The stalemate between the US and Iran this week has not further escalated, with high oil prices fluctuating and providing support for pure benzene reserves. The inventory of pure benzene ports continues to decline and the absolute level is relatively low, and the load of the pure benzene industry remains at a low level for the year, resulting in a tight supply and demand pattern for pure benzene. Costs and supply and demand drive up the price of pure benzene.
3、 Future expectations
At present, the price of aniline has risen to a high level, and downstream demand has entered the market. With high costs, the shipment of aniline is relatively smooth. It is expected that the market for aniline will continue to operate at a high level in the short term, and we will closely monitor changes in costs and demand.
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