Aniline prices rebounded after falling this week (December 6-december 10, 2021)

1、 Price trend

 

Benzalkonium chloride

According to the bulk list data of business society, the price of aniline rebounded broadly after falling this week. On December 3, the price in Shandong was 9200-9380 yuan / ton; The price of aniline in Nanjing is 9300-10300 yuan / ton; On December 10, the price in Shandong was 9300-9600 yuan / ton; The price of aniline in Nanjing was 9600-9800 yuan / ton, an increase of 3.25% over last week and 24.08% over the same period last year.

 

2、 Analysis and review

 

On the cost side, pure benzene: crude oil rebounded broadly during the week, the price of pure benzene in the external market rose, and the cost side gave positive support; The lower reaches were bullish, and the price of pure benzene followed higher. However, the port inventory of pure benzene continued to increase, and there were still ships arriving at the port in the later stage, which suppressed the market mentality and limited the increase in the week. Due to the impact of the epidemic situation or the impact on the pure benzene related industrial chain in Zhenhai, Ningbo, the market mentality turned cautious. On Friday (December 10), the price of pure benzene was 6350-6450 yuan / ton (the average price was 6420 yuan / ton), and the average price increased by 110 yuan / ton or 1.74% compared with last week; Compared with the same period last year, it increased by 40.6%.

 

The price of nitric acid rose this week. On Friday (December 10), the domestic production price of nitric acid was 2366.67 yuan / ton, an increase of 0.71% over last week and 24.56% over the same period last year. Enterprise inventory pressure eased and local prices rebounded at low levels.

 

At the beginning of the week, the raw material support was weak, the downstream purchase was light, the inventory of aniline factories accumulated, and the price continued to decline. As the price of raw materials rebounded, the decline of aniline stimulated the recovery of bargain hunting sentiment in the downstream and the price callback.

 

3、 Future expectations

 

In terms of cost and pure benzene, crude oil fluctuates and is full of uncertainty; The supply of pure benzene in the market is loose and the inventory is accumulated; The production of new downstream units has not been determined; Affected by the epidemic situation in Zhenhai, Ningbo, some downstream units are parked, the demand may decline, there are too many bad news in the site, and pure benzene may still weaken. In nitric acid, the market is expected to be stable and small.

 

The supply side of aniline Market is loose, the raw material support is OK, and the downstream purchase is active, which will boost the aniline Market in the short term. Overall, aniline is still expected to rise next week. Continue to pay attention to the trend of raw material, downstream demand and the dynamics of aniline plant.

http://www.lubonchem.com/