I. Key Focus Points:
Pure Benzene: Spot circulation in the East China market remains tight, with active restocking driven by rigid demand at month-end, leading to a significant price increase. The Shandong market followed suit with synchronized gains, and average transaction prices for non-contract sales from local refineries also rose notably. However, downstream resistance to high-priced raw materials is intensifying, making follow-on buying more cautious and potentially limiting further upside. Spot prices are expected to maintain a strong, high-level trend today.
II. Price Table
| Region | Sep 29 | Sep 28 | Change |
|---|---|---|---|
| East China | 14,720 | 14,720 | 0 |
| Shandong | 14,500 | 14,500 | 0 |
| Notes: | |||
| 1. Prices for East China are ex-works, bank acceptance, tax-inclusive RMB prices; prices for Shandong are ex-works, cash, tax-inclusive RMB prices. | |||
| 2. Prices represent point-in-time values from the two preceding weeks, not weekly averages. | |||
| 3. Change value indicates period-over-period variation. |
III. Data Table
| Aniline Industry Supply and Demand Data | ||||
|---|---|---|---|---|
| Data Type | 2026/9/17 | 2026/9/10 | Rate of Change | Next Week Forecast |
| Capacity Utilization Rate | 84.48% | 81.15% | +3.33% | ↑ |
| Production Profit Margin | 20.94% | 23.46% | -2.52% | ↑ |
| Output | 8.63 | 8.29 | +0.34 | ↑ |
| 1. Capacity utilization rate reflects the ratio of production equipment output to capacity, indicating production levels. | ||||
| 2. Production profit margin is industry-wide data reflecting overall profitability in mainstream regions, calculated as industry profit divided by average price. | ||||
| 3. Output refers to weekly domestic aniline industry capacity, unit: ten thousand tons. |
IV. Market Outlook
Jinling’s planned maintenance shutdown has been executed as scheduled, maintaining tight market supply conditions. With pure benzene trading at elevated levels, it supports firm aniline pricing. As the holiday approaches, some demand has withdrawn from the market, while other segments continue normal procurement activities.
Comments
0