1、 Price trend
According to the business club’s big list data, aniline this week big steady small move. In East China, the price of aniline is 6700-6800 yuan / day in East China, and the price of aniline in East China is 6700-6800 yuan / day.
2、 Analysis and comment
In terms of cost, at the beginning of the week, the decline continued last week, and pure benzene in Shandong continued to fall. On Wednesday, Sinopec’s listed price of pure benzene increased by 150 yuan / ton to 3750 yuan / ton, with stronger support at the bottom. In addition, the downstream styrene continued to rise strongly, driving the price of pure benzene to rise rapidly. On this Sunday (November 8), the listed price of pure benzene was 3590-3800 yuan / ton (the average price was 3710 yuan / ton), up 135 yuan / ton or 3.78% compared with last week.
This week, nitric acid prices stabilized. On Friday (November 6), the production price of nitric acid in East China was 1616.67 yuan / ton, which was the same as last week.
Huatai, Tianji aniline plant is expected to restart, aniline enterprises mainly wait and see in the week, the price is stable and small.
3、 Future expectations
In terms of cost, the short-term downstream styrene market is still upward, but pure benzene chase up sentiment weakened. In addition, the port inventory of pure benzene is high, and the fundamentals are weak. Next week, the price of pure benzene may be slightly reduced. Pay attention to the planned parking of the downstream in the near future, and the demand may decrease.
The restart of Huatai plant is delayed. At present, the overall spot supply of aniline Market is not high, and the price of aniline is expected to be stable in the short term.
Gamma PGA |