1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the price of aniline has risen sharply this week. On May 12th, the market price of aniline was 7032 yuan/ton, and on May 16th it was 7620 yuan/ton, with an increase of 8.43% during the period and a decrease of 32.33% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market in Shandong has been boosted by costs, with prices rising significantly from weak to strong. During the week, both China and the United States reached an agreement to reduce tariffs, which is beneficial for the commodity market. The raw material pure benzene continues to strengthen, and the listing of pure benzene continues to rise, boosting market confidence. Aniline prices have risen accordingly. The trading atmosphere in the venue has improved, with a focus on essential needs.
Cost wise: The high-level economic and trade talks between China and the United States have reached a consensus, and market concerns about the risk of trade disputes have weakened, leading to an increase in international oil prices. Affected by macro positive factors and the rise in external prices of pure benzene, market sentiment has rapidly improved, and pure benzene industry players have good confidence, leading to a continuous increase in pure benzene prices.
3、 Future expectations
The current price of pure benzene raw material has risen to a high level, and whether it can continue to rise depends on market feedback. Downstream demand for aniline remains high, and the speed of high priced goods is slowing down. It is expected that the aniline market will digest and consolidate in the short term.