Good cost leads to a small increase in aniline price (August 31 – September 6, 2020)

1、 Price trend



The price of aniline rose slightly this week, according to the data from the bulk list of business associations. On September 4, the price of aniline in Shandong was 4350-4480 yuan / ton, and that in East China was 4500-4700 yuan / ton, up 1.92% over last week.


2、 Analysis and comment


In terms of cost, due to the end of maintenance of some downstream units in Shandong this week, the purchase enthusiasm for pure benzene increased, and the price of styrene rose, which led to the continuous pursuit of pure benzene. This week, pure benzene port inventory increased slightly, inventory pressure restricts the price rise. This Sunday (September 6), the listed price of pure benzene was 3170-3450 yuan / ton (the average price was 3410 yuan / ton), and the average price was 0.59% higher than last week.


Since August 19, the price of nitric acid in East China continued to stabilize. On September 4, the production price in East China was 1500 yuan / ton.


Aniline rose in Shandong Province stimulated by cost, while spot supply in East China was not much, with an increase of 100 yuan / ton. At present, the inventory of aniline enterprises is not high, and the supply and demand are stable.


3、 Future expectations


In terms of cost, new units will be put into operation downstream in September, and the operating rate is expected to increase. But at present, the profit of downstream products is meager, and the short-term port inventory pressure is not low, and the market news is expected to be weak next week.


Aniline enterprise shipment is stable, consumption growth is expected to be stable next week.

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