1、 Price trend
|ferric sulfate (Poly ferric sulphate)|
The price of aniline in East China rose this week, while the price in Shandong was adjusted, according to the data from the business club’s block list. On March 21, the price of aniline in Shandong was 14000-15500 yuan / ton, and that in Nanjing was 13500 yuan / ton. On March 28, the price of aniline in Shandong was 13900-14000 yuan / ton, and that in Nanjing was 14000 yuan / ton. The average price was 2.33% lower than last week, 77.22% higher than the beginning of the year, and 133.98% higher than the same period last year.
2、 Analysis and comment
In terms of cost, this week, pure benzene continued to follow the trend of crude oil and styrene, and the price fell. This week, the pure benzene port inventory continued to decline. At present, the replenishment at the end of March is limited, and it is still in the channel to the warehouse. This week, Sinopec’s listed price of pure benzene was reduced by 300 yuan / ton to 6350 yuan / ton, and the listed price of some refineries in North China was reduced by 350 yuan / ton to 6150 yuan / ton. On Sunday (March 28), the price of pure benzene was 5953-6350 yuan / ton (average price was 6280 yuan / ton), which was 2.64% lower than that of last week and 108.64% higher than that of the same period last year.
The price of nitric acid remained stable during the week. On Friday (March 26), the production price of nitric acid in East China was 2050 yuan / ton, up 2.5% from the beginning of the month and 28.12% from the same period last year.
The price difference between aniline and pure benzene widened, and the profit margin of aniline was better. Jinling Dongying 200000 t / a aniline plant and Huatai 100000 t / a aniline plant were shut down for maintenance. The enterprises in East China mainly prepare shipping goods, and the spot goods are less released. In addition, driven by the high price of aniline in Shandong, the price of aniline in East China rose to 14000 yuan / ton at the beginning of the week. However, the downstream follow-up of high price aniline was general, and the aniline Market was stable in the second half of the week.
3、 Future expectation
In terms of cost, the current trend of crude oil and styrene has a significant impact on the trend of pure benzene, and it is expected that the short-term pure benzene will still follow the market fluctuation of crude oil and styrene. With the entrance of new styrene plant, the demand for pure benzene has a certain support. Continue to pay attention to the downstream market, domestic and foreign pure benzene plant trends, crude oil, the impact of external market trends on the price of pure benzene.
There are many aniline plants in Shandong Province for maintenance, and the spot supply is tight. It is expected that the high price of aniline will remain strong in the short term, but there is a possibility of a high callback. Continue to pay attention to the trend of raw material, the follow-up of downstream demand and the dynamic of aniline plant.