1、 Price trend

According to the bulk list data of business society, the price of aniline was temporarily stable this week. On April 29, the price of aniline was 10400-10800 yuan / ton in Shandong and 10600-10800 yuan / ton in Nanjing; On May 6, the price in Shandong was 10400-10800 yuan / ton; The price of aniline in Nanjing is 10600-10800 yuan / ton, which is the same as that of last week and 5.33% lower than that of the same period last year.

2、 Analysis and comment

In terms of cost, pure benzene: due to the expectation of production reduction in the main refineries and the continuous decline of port inventory, the industry expects that the domestic pure benzene supply is tight in May, coupled with the good shipment of local refining enterprises, the market continues to rise after the festival, and the price continues to rise. Crude oil rose by a wide margin this week, the price of pure benzene in the external market was relatively high, the cost support was stronger, and the discussions on the pure benzene market were active during the week. On Friday (May 6), the price of pure benzene was 8650-8900 yuan / ton (the average price was 8750 yuan / ton). The average price increased by 160 yuan / ton, or 1.86%, and 18.08% over the same period last year.

Nitric acid: domestic nitric acid prices rose slightly this week. On April 29, the price was 2450 yuan / ton, and on May 6, the domestic production price of nitric acid was 2466.67 yuan / ton, up 0.68% from last week and 8.82% from the same period last year.

Restart of Dongying Huatai aniline plant; The short-term shutdown of Jinmao and Jinling units and the shutdown and maintenance of Jilin Cornell units have reduced the supply of aniline, but the overall supply of the market is still loose. The cost side support is stronger, the downstream demand has not been significantly improved, and the price is temporarily stable during the week. The industry is cautious.

3、 Future expectations

On the cost side, in terms of pure benzene, the short-term supply of pure benzene market is tight, which is still expected, supported by the high level of crude oil and external disk, and it is expected that pure benzene may still rise.

In terms of nitric acid, the goods of nitric acid are acceptable, and the current nitric acid production is small. Supported by the cost of liquid ammonia, the price of nitric acid is expected to continue to rise.

Although the cost side is well supported at present, the contradiction between supply and demand in the aniline Market is prominent. The market is concerned that if the public health events in the later stage improve or drive the release of aniline demand, the price may rebound. Continue to pay attention to the trend of raw materials, downstream demand and the impact of the dynamics of aniline plant on the price of aniline.