1、 Price trend

This week, the aniline market has accelerated its decline. On May 25th, the price of aniline in the market was 11062 yuan/ton, and on May 29th, it was 10262 yuan/ton, a decrease of 7.23% during the week and an increase of 42.04% compared to the same period last year.
2、 Analysis and Review
This week, the aniline market experienced a wide decline, with two reductions of 400 yuan/ton each. On the one hand, due to the decline in raw material prices, cost support has weakened; On the other hand, due to the influence of its own supply and demand, the demand performance is sluggish, prices are falling, and downstream companies are entering the market at a low price, which is bearish for the future.
Cost aspect: Recently, the pure benzene market has been affected by the decline in crude oil prices, and the market mentality is weak. In addition, downstream companies are still losing money, and the enthusiasm for raw material procurement is not high. On May 29th, the listing price of pure benzene sold by Sinopec Chemical was lowered by 300 yuan/ton today, and the Yangtze River resources of the East China, North China, South China, and Central China branches were all executed at 7700 yuan/ton. The price reduction of mainstream refineries has driven down the price of pure benzene again.
3、 Future expectations
The current market demand for aniline is flat, and the prices of raw materials have been lowered again. In addition, with weak demand, it is expected that the price of aniline will continue to decline.