Aniline rose 100 yuan / ton on Wednesday (June 8-12, 2020)

1、 Price trend

 

 

According to the data in the bulk list of business associations, the price of aniline rose slightly on Wednesday. On June 5, the price of aniline in Shandong Province was 4400-4490 yuan / ton, and that in East China was 4500-4820 yuan / ton. On June 12, the price of aniline in Shandong Province was 4500-4590 yuan / ton, and that in East China was 4600-4820 yuan / ton, up 2.26% or 100 yuan / ton from last week.

 

Melamine

2、 Analysis and comment

 

In terms of cost, Sinopec’s price of pure benzene was adjusted again this week, with a total increase of 200 yuan / ton. The price difference between the inside and outside of the market was narrowed, and the market bottom supported the strengthening. This week, pure benzene port inventory still rose, but the increase decreased. In the week, the price of pure benzene strengthened, but the downstream market was weak, and the actual market turnover was weak.

 

The price of nitric acid rebounded slightly. On June 12, the production price in East China was 1450 yuan / ton, 1.16% higher than last week.

 

Most aniline enterprises have low operating load, and Lianheng MDI device is restarted, which supports the demand for aniline to some extent. The inventory of aniline enterprises is released, and the price rises slightly.

 

Sodium Molybdate

3、 Future expectation

 

In the next week, the downstream styrene with the largest demand for pure benzene is bad news, and there are still many ships arriving at Hong Kong. The rise of styrene is weak, and the mentality of pure benzene industry is weak. It is expected that the trend of pure benzene will slightly decrease.

 

The rising trend of cost is slowing down, while the downstream demand is still low, and it is expected that the price of aniline will remain stable in the short term.

http://www.lubonchem.com/

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