Aniline prices fell 10% this week (November 11-15)

I. price trend

Aniline prices in Shandong and Nanjing fell sharply this week, according to a large number of data from the business club. Last Friday, the market price of aniline in Shandong was 7950 yuan / ton, while that in Nanjing was 8400 yuan / ton. On Friday, the market price of aniline in Shandong Province was 7150 yuan / ton, down 10.1% from last week, while that in Nanjing was 7530 yuan / ton, down 10.4% from last week.


II. Analysis and comment


Raw materials: at present, the price of pure benzene is 5250-5400 yuan / ton. At the beginning of the week, pure benzene market demand was weak and the price was lower. However, the reduction of hydrogenated benzene production led to the decrease of supply, driving the price of pure benzene higher in North China. Tight spot supply and drop in port inventory led to short covering, which drove the price of pure benzene to continue to rise.


Nitric acid was stable this week, down 1.98% from last week.


potassium persulphate

Product: this week, the aniline factory is in normal operation, with sufficient supply and accumulated inventory. In order to promote shipment, the factory has lowered the price for many times.


III. future expectation


Raw materials: the supply and demand of coking industry has been improved, the support surface of hydrogenated benzene is strong, and the subsequent driving force is still strong. In addition, the port inventory is low, and the spot market supply is tight, which has strong support for the bottom of pure benzene. But at present, the profit of downstream enterprises is small, the demand is weak, and the increase is limited. It is expected that pure benzene will rise slightly in the later period driven by the market.


The supply is sufficient and the inventory is accumulated; the cost side has recovered to a certain extent, and it is expected that the consumption of aniline will decline in the short term.

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