Stable price operation of aniline this week (June 15-19, 2020)

1、 Price trend

 

According to the data in the large scale list of business associations, the price of aniline in this week is stable compared with last week. On June 19, the price of aniline in Shandong is 4500-4590 yuan / ton, and that in East China is 4600-4820 yuan / ton.

 

povidone Iodine

2、 Analysis and comment

 

In terms of cost, this week, Sinopec’s pure benzene decreased by 100 yuan / ton compared with last week, and its listing price was 3600 yuan / ton, with weak bottom support. At present, the port inventory of pure benzene is accumulating, and the support of spot market is weak. The downstream delivery was slow, and the price of pure benzene fell this week due to inventory pressure.

 

Melamine

The price of nitric acid is stable this week. On June 19, the production price in East China was 1450 yuan / ton.

 

At present, the aniline Market is mainly affected by supply and demand. In the week, the polymerization MDI in East China weakened to 12275 yuan / ton. The price of polymerization MDI in China is stagnant and fluctuated, and spot transactions are common. It is difficult for aniline to be boosted, and it can maintain large stability and small dynamic operation in a week.

 

3、 Future expectation

 

Crude oil has a strong positive support, boosting the price of pure benzene in the far month; however, the short-term pure benzene inventory pressure remains, and the spot supply and demand are weak. In the short term, it is difficult for the price of pure benzene to increase significantly.

 

The short-term aniline price is less affected by the cost side, while the downstream market continues to be rigid, and it is expected that the aniline price will continue to be stable.

http://www.lubonchem.com/

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