SunSirs: Aniline prices remained stable last week

1、 Price trend

According to the bulk list data of SunSirs, aniline continued to operate stably this week. On April 1, the price in Shandong was 12500-12800 RMB/ton, and the price of aniline in Nanjing was 12800 RMB/ton; On April 8, the price in Shandong was 12500-12800 RMB/ton, and the price of aniline in Nanjing was 12800 RMB/ton. The price was flat compared with last week and increased by 4.1% compared with the same period last year.

2、 Analysis and comment

In terms of cost, pure benzene: during the festival, pure benzene Market negotiations were light. Affected by public health events in Shandong, logistics was blocked, individual enterprises' shipments were poor, and the price difference between regions was widened. In the middle of the week, the price of styrene rose due to the unexpected shutdown of a downstream styrene unit, and pure benzene rose with it. However, the overall atmosphere of pure benzene Market in Shandong is poor, with high-end prices falling and the price difference narrowing. On Friday (April 8), the price of pure benzene was 8500-8650 RMB/ton (the average price was 8580 RMB/ton). The average price increased by 50 RMB/ton, or 0.59%, and 28.06% over the same period last year.

Nitric acid: domestic nitric acid rose this week. On Friday (April 8), the domestic production price of nitric acid was 2416.67 RMB/ton, up 4.32% from last week and 8.21% from the same period last year.

During the week, Shandong Jinling and Dongying Huatai aniline plants increased slightly, one 100000 t / a plant in Nanhua was shut down for maintenance, and the supply end was tightened. Affected by public health events in the downstream, the demand is weak and only needs to be purchased. Under the game between supply and demand, aniline was temporarily stable during the week, and the operators were cautious.

3、 Future expectations

In terms of cost and pure benzene, under the situation of Russia and Ukraine, the price of crude oil is still high; The maintenance of pure benzene plant is centralized, and the supply side is expected to tighten; Under the influence of public health events, the operating rate of pure benzene and main downstream units decreased. Under the influence of domestic public health events, the mentality of pure benzene market is poor and the short-term trend is weak.

In terms of nitric acid, the market of nitric acid delivery has improved compared with the previous period, and the price of nitric acid is expected to strengthen.

However, the supply side of the downstream market is not good and the demand side is not good. Pay attention to the changes of market supply and demand, and there is no lack of possibility of decline of aniline.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.