SunSirs: Jinling Was Parking and Aniline Rose Slightly this Week (February 10-14)
February 17 2020 09:20:40 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of aniline rose slightly this week. The price of aniline in Nanjing was 6,850 RMB/ton, 0.74% higher than last Friday.
Analysis review
Raw materials: This week's price of pure benzene is 5200-5800 RMB/ton, down 0.7% from last week. This week, pure benzene port inventory accumulated. The process of downstream resumption is slow. In addition, styrene plant reduces production and raw materials are released. At present, pure benzene is in the situation of weak supply and demand, and is still constrained by transportation.
This week, nitric acid operated stably, and the production price in East China was 1,566.67 RMB/ton.
Product: The Jinling aniline plant was shut down on Wednesday, the market supply decreased, and the price slightly increased. However, at present, the downstream operating rate is still low and the procurement is light, limiting the increase of aniline.
Market outlook
Some pure benzene enterprises operate under reduced load, and hydrogenated benzene plants also have a decrease. At present, there is not much negative factor. In the later stage, attention should be paid to the recovery of transportation and the resumption of downstream enterprises.
Pay attention to the downstream operation rate and transportation issues in the later stage, and it is expected that aniline will run stably and strongly next week.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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