1、 Price trend
According to the data of the business club’s block list, aniline was running stably within the week. On April 25, the price of aniline in Shandong was 10600-10800 yuan / ton, and that in Nanjing was 11000 yuan / ton. On April 30, the price of aniline in Shandong was 10600-10800 yuan / ton, and that in Nanjing was 11000 yuan / ton. The average price was the same as last week, up 35.86% from the beginning of the year and 123.61% from the same period last year.
2、 Analysis and comment
In terms of cost, in the first half of this week, pure benzene followed the trend of styrene, rose first and then fell, the delivery price of styrene at the end of the month rose, and pure benzene followed the trend; After the fall of demand, the market center of pure benzene weakened. In the second half of the week, due to the preparation of pure benzene before the festival and the active downstream procurement, the inventory of some enterprises continued to decline and the market price strengthened. This week, Sinopec’s listing price increased by 100 yuan / ton to 7400 yuan / ton, with strong bottom support and strong market mentality. On Friday (April 30), the price of pure benzene was 7350-7500 yuan / ton (the average price was 7410 yuan / ton), which was 130 yuan / ton higher than last week, or 1.79%; It was 145.36% higher than that of the same period last year.
The price of nitric acid this week was flat compared with last week. On Friday (April 30), the price of nitric acid production in East China was 2300 yuan / ton, up 12.2% compared with the beginning of the month and 56.82% compared with the same period last year.
The price of aniline was very high in this week. On the demand side, the downstream procurement before this week’s festival supported the price of aniline; In terms of devices, Dongying Huatai and Jiangsu Yangnong devices are restarted, and the on-site supply is expected to increase; In terms of cost, the price of pure benzene rose continuously, and the bidding price of enterprises rose, which was good for aniline.
3、 Future expectation
In terms of cost and supply, the pure benzene market is expected to remain tight in May. In terms of inventory, the arrival of goods at the end of the month was concentrated, and the main port inventory in East China began to accumulate, but the increment was not high. In terms of external market, Europe and the United States will maintain supply tension in the short term, with strong external support. Overall, it is expected to maintain a strong trend in May. Continue to pay attention to the downstream market (mainly styrene inventory, demand changes), domestic and foreign pure benzene plant trends, crude oil, external market trends on the price of pure benzene.
Dongying Huatai and Jiangsu Yangnong plants restart, and the market supply is expected to increase. However, Shanxi Tianji and Nanjing chemical plants have maintenance plans in May, which are expected to offset the negative effect brought by increased supply. Cost side is expected to maintain a strong trend, supporting aniline prices. Downstream demand reduction or drag aniline Market. Continue to pay attention to the trend of raw materials, the follow-up of downstream demand and the impact of aniline plant dynamics on aniline price.
| Thiourea |