1、 Price trend

The price of aniline in Shandong was 4200-4330 yuan / ton on August 7, while that in East China was 4300-4500 yuan / ton, which was stable compared with last week.

2、 Analysis and comment

In terms of cost, the listed price of pure benzene on Sunday (August 9) was 3330-3450 yuan / ton (the average price was 3440 yuan / ton), an increase of 2.08% over last week. This week, Sinopec raised the price by 100 yuan / ton to 3450 yuan / ton. The bottom support was strengthened and the market was reluctant to sell at low prices. Last week experienced the end of the month to fill the short, the enthusiasm for purchasing was high, this week the market mentality fell, spot trading was light. This week, the port inventory of pure benzene continued to rise, restricting the market to recover, but the pressure of pressure to increase has eased, the situation may be better than July.

The price of nitric acid was stable this week, and the price in East China on August 7 was 1533.33 yuan / ton.

At present, the operating rate of aniline plant is still at a low level, and the enterprise is mainly responsible for stabilizing the price of shipment and removing inventory. Although the cost side rose, the increase was small, and the support for aniline was limited.

3、 Future expectations

In terms of cost, the port inventory of pure benzene is still rising, and there are still 20000-30000 tons of pure benzene waiting to be unloaded, which restricts the market situation of pure benzene. However, Sinopec’s tag price was raised, and the bottom support was stronger. It is expected that the rise of pure benzene will slow down next week and maintain the range fluctuation. In addition, attention should be paid to the impact of the safety self inspection incident on the storage of dangerous chemicals caused by the previous incident in Lebanon port.

However, the downstream demand is the direct factor affecting the price of aniline. Cost oriented impact is weak, aniline prices are expected to continue to stabilize next week.