SunSirs: The Market of Aniline Run Stable in the First Week after the Festival (February 3-7)
February 10 2020 09:53:54 SunSIrs (John)
Price trend
According to the data of SunSirs, this week is the first week after the festival to return to work, with aniline running stably. The price of aniline in Shandong is 6,400 RMB/ton, while that in Nanjing is 6,800 RMB/ton.
Analysis review
Materials: This week, the price of pure benzene was 5,400-5,600 RMB/ton, down 4.97% compared with that before the festival. Affected by the epidemic, the downstream operating rate was low, the operating load was not high and the transportation was limited, the pure benzene market was light and the price is declining. This week's pure benzene port inventory wais down from the year before.
After the festival, nitric acid fell 1.05%, and the production price in East China was 1,566.67 RMB/ton.
Product: This week was the first week of returning to work after the festival. Affected by the epidemic, the operation rate of the plant was not high and the operation load was low. In addition, the transportation was limited and the overall trading was light, but the supply and demand were balanced and the price was stable.
Market outlook
Enterprises have returned to work one after another, but transportation still restricts the price of pure benzene. It is expected that pure benzene will still operate weakly next week.
Limited by logistics and downstream demand, aniline inventory may accumulate. Aniline is expected to run steadily next week.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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