1、 Price trend
| PVA |
According to the Commodity Market Analysis System of Shengyi Society, the aniline market saw a slight increase this week. On November 17th, the market price of aniline was 7800 yuan/ton, and on November 21st, the price was 7825 yuan/ton, with an increase of 0.32% during the period and a decrease of 13.89% compared to the same period last year.
2、 Analysis and Review
The aniline market has been operating steadily this week, with mainstream prices in the East China aniline market ranging from 7800-7900 yuan/ton as of Friday. During the week, the supply of aniline in East China was tight, with low inventory and downstream demand entering the market. Strong cost support, increased confidence among industry players, and a firm upward trend in aniline prices.
Cost wise: The pure benzene market fluctuated at a low level this week. The rise in foreign markets has driven up domestic prices, but due to the weak fundamentals of pure benzene, they quickly fell back, and there are still many imports to ships in the future. The import expectation for November is high, and the pure benzene market is prone to decline but difficult to rise.
3、 Future expectations
The current trading in the aniline market is stable, with relatively low inventory pressure. It is expected that the aniline market will have a strong trend in the short term, and we will closely monitor changes in raw materials and supply and demand in the future.
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