1、 Price trend

The price of aniline rebounded slightly this week, according to the data from the bulk list of business associations. On July 3, the price of aniline in Shandong was 4100-4180 yuan / ton, and that in East China was 4100-4300 yuan / ton; on July 10, aniline price in Shandong was 4200-4280 yuan / ton, and that in East China was 4300 yuan / ton, up 1.6% over last week.

2、 Analysis and comment

In terms of cost, the listed price of pure benzene was 3050-3300 yuan / ton (average price was 3150 yuan / ton) on Sunday (July 12), 10 yuan / ton higher than last week, or 0.32%. This week, Sinopec’s listed price of pure benzene remained stable, and the price of pure benzene in Shandong rebounded slightly. In the first half of the week, Shandong pure benzene experienced a wave of bottoming rebound. In the second half of the week, due to the continuous impact of higher inventory, the market mentality was slightly poor and the price was stable.

Since June 10, nitric acid has been running steadily in East China, with the price of 1450 yuan / ton in East China.

This week, supported by the cost side and the release of inventory pressure, aniline in Shandong increased slightly by 100 yuan / ton. East China is dominated by ships and cargoes, and the pressure is small.

3、 Future expectations

In terms of cost, the port inventory is still high, and the large-scale equipment overhauled in the early stage has been restarted, so the market supply pressure will continue to increase in the later stage. The load of downstream phenol ketone was reduced due to maintenance, which further reduced the pure benzene.

At present, aniline market fluctuation is not big, the price is stable with small change.