I. Key Focus Areas:
Pure Benzene: The market is monitoring the potential escalation of the U.S.-Iran conflict, while Houthi attacks on Saudi Arabia have heightened supply risks, driving international crude oil prices higher. ICE Brent crude futures (December contract) rose by $2.76/barrel to $117.64, representing a week-over-week increase of +2.40%. Strong Friday crude prices pushed up overnight trading; however, weakening negotiations in Shandong over the weekend, combined with a lower opening for crude oil on Monday morning, suggest that the market will likely open low and fluctuate sideways early this week.
II. Price Table
| Region | Nov 2 | Oct 30 | Change |
|---|---|---|---|
| East China | 16,750 | 16,750 | 0 |
| Shandong | 16,500 | 16,500 | 0 |
| Notes: | |||
| 1. East China prices are RMB ex-factory acceptance-inclusive prices; Shandong prices are RMB ex-factory cash prices. | |||
| 2. Prices reflect specific time points from the previous two weeks prior to this report, not weekly averages. | |||
| 3. Change values represent week-over-week fluctuations. |
III. Data Table
| Aniline Industry Supply & Demand Data | ||||
|---|---|---|---|---|
| Data Type | 2026/10/29 | 2026/10/22 | Change Rate | Next Week Forecast |
| Capacity Utilization | 81.04% | 79.79% | 1.25% | ↑ |
| Production Profit Margin | 31.45% | 30.39% | 1.06% | ↑ |
| Output | 8.28 | 8.15 | 0.13 | ↑ |
| 1. Capacity utilization refers to the ratio of actual production output to total capacity, reflecting production levels. | ||||
| 2. Production profit margin is an industry-wide metric reflecting overall profitability across mainstream regions, calculated as industry profit relative to average price. | ||||
| 3. Output represents the domestic aniline industry's weekly production capacity, unit: 10,000 tons. |
IV. Market Outlook
Some units are restarting as planned, while restart times for others have been delayed. Spot supply of aniline remains tight, and market sentiment remains strong, supporting high aniline prices.
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