Price Trend
Aniline prices in Shandong and Nanjing remained stable this week at around 5600-5950 yuan per ton, according to a large list of business associations.
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II. Analytical Review
Raw Material: This week, the pure benzene market showed a steady and moderate upward trend, with an increase of about 50-100 yuan/ton. At present, the mainstream price of pure benzene in the market is about 4300-4500 yuan/ton. This week, pure benzene stocks fell again, and the reduction was wider than the previous period. The market was slightly encouraged. Prices began to rise on Thursday. However, due to the current low price of hydrobenzene, the impact on the pure benzene market can not be ignored and the increase is limited.
Products: This week, the domestic aniline Market is stable and prices remain stable. Aniline plants in Shandong are operating normally, and most of the factories have low load and balanced production and marketing. Nanjing chemical aniline plant is under maintenance and is expected to restart in early June, but there is no inventory pressure on aniline.
Downstream: This week, the overall downstream aniline MDI downstream trend, aniline prices can not play a supporting role.
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III. Future Market Expectations
Raw Material: Next week, pure benzene market or continue to rise slightly.
From last week to the end of October, Shandong Province launched a special renovation action for safe production of hazardous chemicals, which will affect the start-up of downstream enterprises to a certain extent.
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The aniline Market is expected to continue to operate weakly and steadily next week.