Plant Status: Jinling Dongying’s 100,000-ton unit was shut down from September 28 to November 10; Nanhua Unit 1 (100,000 tons) reduced operating rates; Jiangsu Fuqiang plans maintenance from November 5 to November 25.
Table 1: Price Comparison of Key Domestic Markets and Major Producers
| Market | Producer | Pricing Terms | Nov 9, 2026 | Nov 10, 2026 | Change | % Change | Unit |
|---|---|---|---|---|---|---|---|
| East China | Acceptance-based Ex-works Pickup | 16,750 | 15,950 | -800 | -4.78% | CNY/t | |
| North China | Acceptance-based Ex-works Pickup | 16,600 | 15,800 | -800 | -4.82% | CNY/t | |
| Shandong Jinling | Acceptance Price | 16,600 | 15,800 | -800 | -4.82% | CNY/t | |
| Dongying Huatai | Acceptance Price | 16,700 | 15,800 | -900 | -5.39% | CNY/t | |
| Nanhua Group | Acceptance Price | 16,750 | 15,950 | -800 | -4.78% | CNY/t | |
| Jiangsu Fuqiang | Ex-works Acceptance Price | 16,750 | 15,950 | -800 | -4.78% | CNY/t |
Data Source: Chempricehub Information
Market Dynamics: Driven by the rapid decline in pure benzene prices and aggressive price cuts by some factories to stimulate sales, the domestic aniline market saw stagnant negotiations followed by a rational downward adjustment. Some buyers showed improved sentiment, while others remained bearish.
Production Trends
Price Forecast
Chempricehub Information forecasts that the aniline market will stabilize. The spot cash price for aniline in North China is expected to trade around 15,700 CNY/t, while the acceptance-based price in East China is expected to trade around 15,950 CNY/t.
Pure Benzene: On November 10, the spot price of pure benzene in East China continued to fall, with negotiated prices ranging between 7,790–7,930 CNY/t. The price center shifted significantly downward, consistent with morning forecasts. Expectations of easing geopolitical tensions continued to intensify, leading to further declines in international crude oil prices and a notable weakening of cost support for pure benzene. Market sentiment leaned bearish, and trading activity was sluggish. Holders showed increased willingness to sell, with some offering discounts to move inventory. Meanwhile, downstream end-users faced insufficient orders. Under this dual pressure, market prices continued their inertial decline.
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