1、 Price trend
Aniline fell at the beginning of this month, rebounded in the middle of this month, and then fell again in the last ten days, according to the data of the bulk list of business associations. On the first day, the price of aniline was 5633.33 yuan / ton, which began to decline, reaching 5033.33 yuan / ton on the ninth day; on the 13th, it began to rebound, reaching 5533.33 yuan / ton on the 15th day; on the 15th-22nd, it was stable operation, and on the 23rd, it began to step down, and on the 30th, it was 4800 yuan / ton. On April 1, the price of aniline in Nanjing was 5700-5750 yuan / ton, and that in Shandong was 5600-5720 yuan / ton; on April 30, the price of aniline in Nanjing was 4800-5020 yuan / ton, and that in Shandong was 4800-4890 yuan / ton. The overall trend of this month is downward, down 14.79%.
| ferric sulfate (Poly ferric sulphate) |
2、 Analysis and comment
1. Raw materials: at the beginning of the month, pure benzene continued to decline in the previous month. After the Qingming Festival, it started the way of bottoming and rebounding. In late April, it returned to the decline. On April 1, the price of pure benzene was 2550-2900 yuan / ton (average price: 2660 yuan / ton). On April 30, the price of pure benzene was 2700-3500 yuan / ton (average price: 3020 yuan / ton), 360 yuan / ton higher than that on April 1, with a monthly increase of 13.53%. This month, pure benzene port inventory continued to accumulate, but the increase decreased. After this month’s Qingming Festival holiday, the pure benzene market was affected by crude oil and external market, bottom reading rebounded, and downstream purchasing was positive, with a rebound of more than 30%. The spot supply in Shandong is tight, and the price increase is more obvious. After two weeks of hoarding, the downstream procurement speed slowed down significantly. In the late ten days, crude oil plummeted and pure benzene began to decline.
Nitric acid: the nitric acid market is limited in April, and the price ladder is lower. On April 1, the price of nitric acid in East China was 1600 yuan / ton, and on April 30, the price was 1466.67 yuan / ton, with a monthly decrease of 8.33%.
| Azodicarbonamide (AC foaming Agent) |
2. Products: in early April, the domestic market recovered slowly, but the impact of foreign public health events intensified, the export of aniline downstream enterprises was blocked, the decline was halted, the contradiction between supply and demand expanded, and the price fell. In the middle of the year, the raw material pure benzene rebounded sharply, and the aniline stock kept up with the rising power. The downstream factories entered the market to purchase and stock up, and the aniline enterprise stock pressure was released rapidly. In the last ten days, after more than a week’s stock up, the downstream procurement recovered to be light. In addition, the overhaul of aniline plant was restarted, and the market supply increased, so the price of aniline fell.
3、 Future forecast
1. In terms of raw materials: the production of downstream pure benzene enterprises in the short term is basically stable, the consumption is mainly in the early stage of hoarding, and the on-site trading atmosphere is light. Mainly wait for the later crude oil and the trend of the outer market. In addition, market participants are more bearish about the future, and it is expected that the short-term pure benzene market is still weak.
Under the influence of public health events, the export of downstream enterprises of aniline was poor, some enterprises had the expectation of decline, and the demand for aniline was limited. Lack of good raw material surface is expected to remain weak in the short term, weak support for aniline.
Short term weak aniline operation expected
| povidone Iodine |