1、 Price trend

The price of aniline in Shandong Province declined slightly at the beginning of this week and rebounded at the end of the week, according to the data of business news agency’s block list. On January 17, the price of aniline in Shandong was 7800-7900 yuan / ton; in Nanjing, the price of aniline was 8000-8100 yuan / ton, with an average price of 21.54% higher than that in the same period of last year.

2、 Analysis and comment

In terms of cost, the rise of last week was continued at the beginning of this week. Supported by the rise of crude oil, the price of pure benzene continued to rise. Later, with the decline of crude oil and the decline of external market, the domestic market mentality turned cautious, and the prices of individual factories decreased at the weekend. This week, Sinopec’s price of pure benzene was increased by 100 yuan / ton to 4650 yuan / ton, and the price in parts of North China was increased to 4500 yuan / ton. On Monday, the total inventory of pure benzene in East China port was about 2000 tons higher than last week. On Sunday (January 17), the price of pure benzene was 4230-4650 yuan / ton (average price was 4506 yuan / ton), up 82 yuan / ton or 1.85% from last week.

The price of nitric acid this week was stable compared with last week, and the price of nitric acid production in East China was 2050 yuan / ton on Friday (January 15). The price was flat at the beginning of the month, up 29.47% from the same period last year.

Affected by the public health events in Hebei and the rain and snow weather in the north, the transportation is affected, and the demand of the downstream in the north is limited. However, the relative load of aniline enterprises is not high, the spot supply is reduced, the inventory is controllable, and the price is firm.

3、 Future expectation

In terms of cost, affected by the public health events in Hebei Province and the rain and snow weather in the north, the downstream terminals may stop ahead of time, and the pure benzene enterprises may reduce the price in order to promote the shipment. And the external market has continued to soften. The price of pure benzene is expected to be weak next week. Pay attention to the situation of downstream stock preparation and shutdown before the festival, and the trend of crude oil, external market and styrene.

Jiangsu Fuqiang new materials will soon have new aniline shipment, focus on the market spot supply.