Aniline price is stable this week (may 25-29, 2020)

1、 Price trend

 

According to the data in the business club’s large list, the price of aniline remained stable this week. On May 29, the price of aniline in Shandong was 4400-4490 yuan / ton, and that in East China was 4600-4820 yuan / ton.

 

PVA 1799 (PVA BF17)

2、 Analysis and comment

 

Raw materials: the listing price of pure benzene on Sunday (May 31) is 3450-3850 yuan / ton (average price 3600 yuan / ton), up 4.05% from last week. This week, Sinopec increased the price of pure benzene by 150 yuan / ton to 3500 yuan / ton. Prices rose on Tuesday, supported by positive crude oil and external market conditions. At present, the price of pure benzene in the far month is rising, but the spot negotiation is general.

 

The price of nitric acid has been stable since May 7, and the production price in East China this week was 1433.33 yuan / ton.

 

Product: the aniline Market was stable again after the reduction of 200 yuan / ton of aniline in Shandong last Thursday. The price of aniline remained stable for a week, while the price of aniline remained weak.

 

PVA 1788 (PVA BP17)

3、 Future expectation

 

Raw materials: it is heard that the turnover of pure benzene is 3600 yuan / ton in May, 3680-3700 yuan / ton in June, 3760 yuan / ton in July and 3800 yuan / ton in August. The operating rate of hydrogenated benzene enterprises has increased, the pressure on supply and demand has increased, or the pure benzene market has been affected. In the long run, the market price of pure benzene will continue to rise, but there is still a possibility of oscillation in the short term.

 

Aniline profit margin still exists, downstream demand recovery is slow, and aniline is expected to maintain weak stability in the short term.

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