SunSirs: The price of Aniline Was Stable Last Week(September 2-6, 2019)
September 10 2019 09:19:30 SunSirs (John)1. the price trend
According to the data from the SunSirs' big list, the prices of aniline have remained stable last weekcompared to the week before last. The mainstream price in Shandong is 6,000 RMB/ton, and the mainstream price in Nanjing is 6300 RMB/ton.
2.Analysis review
Raw Material: This week, the inventory of pure benzene in East China fell again, and the supply of market resources was on the tight side, which formed a favorable support for the price of pure benzene. The weak external support at the beginning of the week led to a cautious attitude in the domestic market. Following the rise of international oil price, the price of pure benzene on the external disk increased. The Asian-American arbitrage window is still open, but the shortage of resources in the early stage has eased, and its influence on the market is limited.
Product: The bidding price of aniline last weekhas increased from the week before last. However, there are news that downstream enterprises have received notices of limited production, the operating rate has decreased, and the demand for aniline has decreased. The two phases offset and the price of aniline remained stable this week.
3.Market outlook
Raw Material: The supply of domestic pure benzene is tight, and Sinopec is expected to increase at present. It is expected that the pure benzene market will continue to improve next week.
Cost support is strong. If the price of pure benzene continues to rise next week, aniline may follow.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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