1、 Price trend

According to the Commodity Market Analysis System of Business Society, the price of aniline has slightly decreased this week. On November 27th, the market price of aniline was 12750 yuan/ton, and on December 1st, the price was 12015 yuan/ton, a decrease of 5.76% from last week.

2、 Analysis and Review

Pure benzene: Yesterday, pure benzene had a slight upward trend in negotiations, but spot resource transactions were weak, and there was insufficient buying gas on the market. Transactions were mainly in the distant months. Shandong refineries have weak willingness to hold goods and have significantly lowered prices to promote shipments. After the price drop, the market’s buying sentiment improved, and a large number of low-priced goods were purchased to deliver orders within the week, resulting in better transactions. In late December, pure benzene in the night market was discussed to have risen to around 7050 yuan/ton, but crude oil initially rose and then fell before finally closing down. It is expected that pure benzene in East China will fluctuate and consolidate in the morning. On Friday (December 1st), the price of pure benzene was 7020 yuan/ton, a decrease of 8.29% from last week and an increase of 7.45% from the same period last year.

Nitric acid: The domestic price of nitric acid has slightly increased this week. On November 27th, the price was 2133 yuan/ton, and on December 1st, it was 2235 yuan/ton. The price increased by 6.42% compared to last week and decreased by 8.13% compared to the same period last year.

3、 Future expectations

The aniline market has a strong bearish atmosphere, with lower willingness to reserve downstream positions and a focus on essential purchases. It is expected that aniline will steadily decline.