1、 Price trend
According to the commodity market analysis system of Business Society, the price of aniline has stabilized this week. On February 26th, the market price of aniline was 10987 yuan/ton, and on March 1st, it was 10987 yuan/ton. The price has stabilized compared to last week and decreased by 9.94% compared to the same period last year.
2、 Analysis and Review
Pure benzene: Yesterday, the price of pure benzene was weakly consolidated, and the trading atmosphere was average. The market atmosphere is stagnant, and both buyers and sellers have a clear wait-and-see attitude. Shandong has been experiencing consecutive days of poor shipments, putting pressure on some refineries’ inventory and causing prices to continue to decline. After the price drop, the follow-up of buying gas is average, with a focus on just needs. Night trading of pure benzene was discussed at 8350-8400 yuan/ton, and it is expected that pure benzene in East China will fluctuate and consolidate in the morning. On Friday (March 1st), the price of pure benzene was 8483 yuan/ton, a decrease of 2.68% from last week and an increase of 19.42% from the same period last year.
Nitric acid: The domestic price of nitric acid has slightly decreased this week. On February 26th, the price was 1930 yuan/ton, and on March 1st, it was 1900 yuan/ton. The price has decreased by 1.55% compared to last week and 23.47% compared to the same period last year.
3、 Future expectations
The price of raw material pure benzene has fallen, cost support has weakened, and the shipping capacity of aniline factories is average, resulting in poor transactions. Today, the price of aniline has remained stable.
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