1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market continued to rise this week. On January 19th, the market price of aniline was 8545 yuan/ton, and on January 23rd, it was 8745 yuan/ton, an increase of 2.34% during the cycle and a decrease of 3.61% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market continued to rise, with raw material pure benzene prices increasing multiple times. At the same time, aniline supply maintained low inventory, downstream demand entered the market, and supply side sales remained stable, actively pushing up prices. As of this Friday, the mainstream price of aniline in China has risen to 8700-8800 yuan/ton.
Cost wise: This week, the pure benzene market has been strong and rising. Refinery production reduction combined with import volume reduction has led to a decrease in pure benzene supply, and the fundamentals of pure benzene have also improved. Port inventories fell from a high level in the first week, and downstream demand for delivery has been boosted. The supply and demand have improved in stages, and the instability of the geopolitical situation has not been eliminated. The short-term market is mainly characterized by strong fluctuations.
3、 Future expectations
The current inventory status of the aniline market and downstream resistance to high priced raw materials have increased. It is expected that the aniline market will consolidate and operate after a short-term rise, and close attention will be paid to changes in raw materials and supply and demand in the future.