Aniline spot price rose slightly this week (August 17-august 21, 2020)

1、 Price trend

 

ferric sulfate (Poly ferric sulphate)

The spot price of aniline in the market rose slightly this week. On August 21, the price of aniline in Shandong was 4250-4430 yuan / ton, while that in East China was 4400-4500 yuan / ton.

 

2、 Analysis and comment

 

In terms of cost, the listed price of pure benzene on Sunday (August 23) was 3000-3450 yuan / ton (the average price was 3390 yuan / ton), and the average price was 50 yuan / ton, or 1.45% lower than last week. This week, the decline of pure benzene in northern China was obvious, and the restart of downstream maintenance equipment was delayed, which caused pressure on the supply and demand side of the north. The listed price of pure benzene in North China of Sinopec was reduced by 100 yuan / ton, while no adjustment was made in other regions. The market is waiting for Sinopec’s price guidance. This week, pure benzene port inventory is still high, but unloading pressure is reduced.

 

Benzalkonium chloride

The price of nitric acid went down again this week. On the 14th, the price in East China was 1516.67 yuan / ton, and on the 21st was 1500 yuan / ton, down 16.67 yuan / ton or 1.1% compared with last week.

 

East China enterprises to implement contract orders, spot prices driven by a small rise.

 

3、 Future expectations

 

In terms of cost, the weakness of downstream demand is more obvious, which has a great drag on the pure benzene market. In addition, the port inventory is still high, so the short-term pure benzene market remains weak. In the later stage, it focused on Sinopec’s listing price adjustment and downstream operating load changes.

 

The demand of downstream factories has not been greatly improved. Shandong enterprises are mainly engaged in destocking at stable prices, while those in East China mainly supply ships and execute contracts. Aniline prices are expected to remain stable next week.

http://www.lubonchem.com/

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