1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market has risen multiple times in January. On January 1st, the market price of aniline was 7945 yuan/ton, and on January 16th it was 8437 yuan/ton, with a rise of 6.2% during the period and a decrease of 7.02% compared to the same period last year.
2、 Analysis and Review
In January, the domestic aniline market supply remained tight, with stable production of aniline factories and downstream demand entering the market. The price of pure benzene on the raw material side has risen sharply due to the boost of crude oil prices. Under the joint boost of inventory status and raw materials, the price of aniline has been raised multiple times. In the middle of the month, prices continued to rise slightly, with high prices and increased resistance to further price increases.
Cost wise: Recently, the pure benzene market has seen a significant increase. The deterioration of the situation in the Middle East has driven up crude oil prices, coupled with the strong rise of downstream styrene, which has driven the demand for pure benzene and actively boosted the pure benzene market.
3、 Future expectations
At present, the trading of aniline market is stable, and the downstream willingness to purchase high priced raw materials has decreased. It is expected that the aniline market will stabilize and operate after a short-term rise, and we will closely monitor the changes in raw materials and supply and demand in the future.