1、 Price trend
| EDTA |
According to the large list data of business agency, the market of aniline improved in September, and the price continued to rise. On September 1, the price of aniline in Shandong was 4250-4430 yuan / ton, and in Nanjing was 4400-4600 yuan / ton; on September 30, the aniline price in Shandong was 5100-5300 yuan / ton, and that in Nanjing was 5500-5600 yuan / ton, with an average increase of 22.31% this month.
2、 Analysis and comment
In terms of raw materials, the listed price of pure benzene on September 1 was 3070-3450 yuan / ton (the average price was 3390 yuan / ton), and on September 30 it was 3000-3450 yuan / ton (the average price was 3380 yuan / ton), with a slight drop of 0.29% this month. In September, Sinopec’s listed price of pure benzene was not adjusted, supporting the price of pure benzene. In the first ten days, the price of some downstream products in Northeast China was exported, the market supply increased, and the demand was not improved, which led to the price weakening. In the middle of the year, price stabilization and consolidation are the main factors. Late ten days: before the festival, the willingness of downstream replenishment is not strong, affected by the pressure of shipment, the overall price of refining is weak.
| EDTA 2Na |
Nitric acid: the price of nitric acid in East China was 1500 yuan / ton on September 1 and 1516.67 yuan / ton on September 30, up 16.67 yuan / ton or 1.11% compared with the beginning of the month.
In September, aniline export increased, enterprises executed more contracts, less spot supply, and prices continued to rise. At the beginning of September, Huatai restarted and the market supply increased to a certain extent. However, the downstream operating rate increased slightly and the demand improved, which also supported the price of aniline.
3、 Future forecast
In terms of raw materials, Sinopec returned to reduce the listing price to 3300 yuan / ton after the festival, which led to the weakening of market negotiations. Entering October, the pure benzene market will still be constrained by high inventory, and the crude oil news is short, and the trend is expected to be weak.
After the national day, some aniline plants were shut down for maintenance, and the market supply was reduced, so the price of aniline still had some room to rise. However, the downstream profit space narrowed, and the space for aniline up regulation was limited. In October, we paid attention to the impact of Shanghai Lianheng MDI plant’s temporary shutdown for maintenance on aniline Market.
| Melamine |