I. Key Focus:
Pure Benzene: Mediators continue to advance U.S.-Iran peace talks, leading to a decline in international crude oil prices; however, the risk of conflict has not been eliminated, limiting the extent of the drop. ICE Brent futures (December contract) fell by USD 0.44/bbl to USD 114.88/bbl, a week-on-week change of -0.38%. Currently, many downstream products are operating at a loss and utilization rates have declined, accumulating negative feedback pressure. Far-month contracts are clearly under pressure, and today’s market is expected to continue trading weakly with fluctuations.
II. Price Table
| Region | Oct 30 | Oct 29 | Change |
|---|---|---|---|
| East China | 16750 | 16750 | 0 |
| Shandong | 16500 | 16500 | 0 |
| Notes: | |||
| 1. The RMB price for East China in the table above is the factory gate acceptance price including tax; the RMB price for Shandong is the factory gate cash price. | |||
| 2. The prices for both periods are point-in-time prices from the two weeks preceding this week, not weekly averages. | |||
| 3. The change value represents the period-over-period variation. |
III. Data Table
| Aniline Industry Supply and Demand Data | ||||
|---|---|---|---|---|
| Data Type | 2026/10/22 | 2026/10/15 | Rate of Change | Next Week Outlook |
| Capacity Utilization Rate | 79.79% | 84.44% | -4.65% | ↑ |
| Production Profit Margin | 30.39% | 25.10% | 5.29% | ↑ |
| Output | 8.15 | 8.63 | -0.48 | ↑ |
| 1. The capacity utilization rate reflects the proportion of production equipment output relative to total capacity, serving as an indicator of production levels. | ||||
| 2. The production profit margin is industry-wide data reflecting the overall profitability across mainstream regions, calculated as the ratio of industry profit to average price. | ||||
| 3. Output refers to the weekly domestic aniline industry capacity, measured in ten thousand tons. |
IV. Market Outlook
Bearish factors from both cost and demand sides are intertwined, but the tight supply situation provides support. The aniline market retains its strength to operate at high levels, with limited short-term pressure.
Comments
0