+086 1911-7288-062 [ CN ]
Cookies give you a personalized experience,Сookie files help us to enhance your experience using our website, simplify navigation, keep our website safe and assist in our marketing efforts. By clicking "Accept", you agree to the storing of cookies on your device for these purposes.For more information, review our Cookies Policy.
According to the commodity market analysis system of SunSirs, the aniline market saw prices pushed higher last week; the market price stood at 13,425 RMB/ton on August 31 and rose to 13,525 RMB/ton by September 4, marking a weekly increase of 0.74% and a year-on-year rise of 79.14%.
Analysis and Commentary
Last week, aniline prices edged up, supported by high price levels. With raw material costs remaining high, profit margins to downstream aniline items tightened, dampening purchasing interest and limiting buying largely to essential needs. Rising prices to the feedstock benzene drove up aniline prices. As of last Friday, mainstream domestic quotes to aniline stood at 13,500-13,600 RMB/ton.
From a cost perspective, the tight supply-demand stability in the benzene market is easing; while producers are ramping up operating rates, downstream operating rates—though recovering—remain constrained by end-market demand, resulting in a slow pace of capacity utilization increases. With absolute inventory levels still low and the volume of circulating supply yet to expand significantly, prices remain firm. Renewed geopolitical tensions in the short term have once again brought the supply-shortage narrative to the forefront, driving the price baseline upward.
Market outlook
Aniline prices have currently risen to high levels, and the market is absorbing these increases. Amidst high costs, downstream buying interest has waned, with purchasing driven primarily by essential needs. It is anticipated that further price gains in the short term will face significant resistance; close attention should be paid to developments regarding costs and demand.
We will contact you soon