1、 Price trend

According to the Commodity Market Analysis System of Business Society, the price of aniline has slightly increased this week. On January 29th, the market price of aniline was 10362 yuan/ton, and on February 2nd, it was 10423 yuan/ton. The price increased by 0.58% compared to last week and decreased by 2.88% compared to the same period last year.

2、 Analysis and Review

Pure benzene: Yesterday, the market remained strong at a high level in the atmosphere of filling the gap at the end of the month. The transaction in East China was between 8050-8190 yuan/ton, and it strengthened to 8250 yuan/ton in the night session. The receiving sentiment in the Shandong market has weakened, and some businesses have turned to purchasing low-priced hydrogenated benzene, resulting in a significant decrease in transaction volume. Crude oil prices have fallen, and the delivery period in January has ended. Currently, downstream profits are deviating, and it is expected that the market will most likely open in the morning with a downward trend. On Friday (February 2nd), the price of pure benzene was 8000 yuan/ton, an increase of 1.91% from last week and 12.99% from the same period last year.

Nitric acid: The domestic price of nitric acid has slightly decreased this week. On January 29th, the price was 2033 yuan/ton, and on February 2nd, the price was 2000 yuan/ton, a decrease of 3.98% from last week and a decrease of 20.5% from the same period last year.

3、 Future expectations

Some aniline factories are planning maintenance, and the spot supply of aniline in the market is tight. The inventory pressure of aniline factories is relatively small, and it is expected that the price of aniline will remain stable and rise slightly.