1. Price Trend
According to the data from SunSirs, the price of aniline was lowered this week. On Friday (April 3), the price in Shandong was 5300 yuan / ton, and the price in Nanjing was 5400 yuan / ton, down 10.86% from last week.

2. Analyze the factors

Raw materials: The list price of pure benzene this week is 2250-2850 yuan / ton (average price 2450 yuan / ton), which is 560 yuan / ton lower than last week, a decrease of 18.6%. The inventory of East China Port has accumulated significantly for two consecutive weeks, and the market supply pressure continues to increase. This week, Sinopec continued the situation of the last two weeks, and it fell continuously for two weeks during the week. It reduced the total by 2250 yuan / ton in three weeks. At the beginning of the week, crude oil and external disk continued to be bearish, and pure benzene weakly fell to 2250-2700 yuan / ton. Crude oil closed up sharply on Friday, followed by an increase in the external market. Domestic pure benzene was driven, and rose to 2250-2900 yuan / ton on the weekend.

This week, the price of nitric acid remained stable, with a production price of 1600 yuan / ton in East China.

Products: An aniline plant resumed operation within a week, and market supply is expected to increase. In order to reduce inventory pressure and promote shipments, prices were lowered twice during the week.

3. Market Forcast

Raw materials: The short-term downstream operating rate has not been greatly improved, and it is difficult to increase domestic demand. In addition, there will still be 35,000-40,000 tons of pure benzene coming to the port next week, and the supply pressure will continue to increase. However, crude oil and external disks brought good news and supported pure benzene prices. The short-term pure benzene market is expected to be weak overall, but it is likely to rise.

Currently, the profit margin of aniline is large, and the trend is concerned about the impact of supply and demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.