1、 Price trend
According to the bulk list data of business society, aniline prices continued to rise this week. On July 23, the price in Shandong was 10100-10200 yuan / ton; The price of aniline in Nanjing was 10500 yuan / ton. On July 30, the price in Shandong was 10400-10600 yuan / ton; The price of aniline in Nanjing was 10800-10900 yuan / ton, with an average price increase of 2.93% over last week, 33.33% over the beginning of the year and 144.96% over the same period last year.
2、 Analysis and review
In terms of cost, affected by typhoon weather, the demand in East China is blocked; In addition, the continuous decline of styrene led to the decline of pure benzene. The North was impacted by low-cost hydrogenated benzene, and the pressure of enterprise inventory and shipment was prominent, and the price continued to fall. This week, the listing price of Sinopec pure benzene remained stable at 8150 yuan / ton, giving some support to the market. On Sunday (August 1), the price of pure benzene was 7900-8150 yuan / ton (the average price was 8170 yuan / ton), and the average price decreased by 40 yuan / ton or 0.49% compared with last week; Compared with the same period last year, it increased by 142.43%.
The price of nitric acid continued to rise during the week. On Friday (July 30), the production price of nitric acid in East China was 2600 yuan / ton, an increase of 6.12% over last week and 69.57% over the same period last year.
In the early stage, the price of raw materials rose continuously, the cost pressure increased, and aniline rose passively. This week, due to the shutdown and maintenance of several aniline units, the supply decreased significantly, supporting the price to continue to rise.
3、 Future expectations
In terms of cost, downstream profits were lost, some units were shut down, and the demand for pure benzene decreased. At present, the listing price of Sinopec is high, and there is expected to be downward space.
The raw material pure benzene continued to decline, and the profit of aniline improved to a certain extent. At present, the shutdown of several aniline units has brought certain benefits. With the restart of units in the later stage, the price may be impacted. Supply and demand still affect the later trend of aniline. Continue to pay attention to the trend of raw material, downstream demand and the dynamics of aniline plant.