Aniline price rises in East China this week and keeps stable in North China (September 7-September 13, 2020)

1、 Price trend

 

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The price of aniline in Shandong was 4350-4480 yuan / ton on September 6, and 4600-4700 yuan / ton in East China; on September 13, aniline price in Shandong was between 4350-4480 yuan / ton, and that in East China was 4700-4800 yuan / ton, up 1.5% over last week.

 

2、 Analysis and comment

 

In terms of cost, the raw materials for the downstream products in the north are exported and the market supply is increasing, which leads to the continuous weakening of prices. In addition to the week by the impact of crude oil slump, pure benzene Market Center of gravity moved down. This Sunday (September 13), the listed price of pure benzene is 3070-3450 yuan / ton (average price is 3410 yuan / ton).

 

This week, the price of nitric acid stabilized. On September 4, the production price in East China was 1500 yuan / ton.

 

This week, East China aniline enterprises due to ship goods, spot sales less, price rise. Shandong enterprises supply and demand balance, price stability.

 

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3、 Future expectations

 

In terms of cost, the downstream units in East China have been put into operation smoothly and the situation is good; Shandong has sufficient supply of pure benzene with new output, and it is difficult to consume downstream in the short term. It is expected that the price of pure benzene in Shandong may still fall.

 

Downstream just need to pick up the goods, it is expected that the short-term change will not be large. However, in East China, more orders are executed and less spot goods are available, and the price is likely to rise.

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