1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market fluctuated and fell in May. On May 1st, the market price of aniline was 7532 yuan/ton, and on May 29th it was 7225 yuan/ton, a decrease of 4.08% during the month and a decrease of 40.5% compared to the same period last year.
2、 Analysis and Review
The aniline market in May was mainly affected by raw materials and its own supply and demand. At the beginning of the month, the shipment of pure benzene during the festival was not smooth, and the company’s quotation was lowered. After the holiday, aniline companies lowered their prices accordingly, and the price of aniline fell to 7000 yuan/ton. In the middle of the month, 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 also rose. At the end of the month, with the weakness of raw materials, the aniline market experienced sluggish sales, and some companies had high inventory, resulting in reduced prices for aniline.
Pure benzene: The pure benzene market fluctuated greatly in May, with overall prices rising compared to the beginning of the month. Supported by news of the adjustment of tariffs between China and the United States, the mid month market saw a wide rise in pure benzene prices. Subsequently, all the positive news dissipated, and the market returned to supply-demand imbalance, with prices falling weakly. On May 1st, the average price of pure benzene was 5708 yuan/ton, and the average price at the end of the month was 5800 yuan/ton, with a monthly increase of 1.61%.
3、 Future expectations
The current aniline market has weak supply and demand. The raw material pure benzene remains weak, and it is expected that the aniline market will operate weakly in the short term.