January 9th News
On January 9th, Dongying Huatai raised the price of aniline by 200 yuan/ton. The latest price is set at 8,100 yuan/ton for cash transactions and 8,150 yuan/ton for acceptance bills. The 100,000-ton plant is operating normally.
Chempricehub Analysis of Aniline, Bull-Bear Score: 1.5
The spot price of aniline increased by 200 yuan/ton to 8,100 yuan/ton for cash transactions, indicating tightening market supply and demand or strengthening demand. The Dongying Huatai plant is operating normally, ensuring stable supply. The price increase is likely driven by rising demand from downstream chemical industries, such as MDI production, rather than supply disruptions. This news is significantly positive for the spot price of aniline, and prices are expected to maintain an upward trend in the short term.