1、 Price trend

According to the data in the large scale list of business agencies, the price of aniline decreased this week. On Friday (April 10), the price in Shandong Province was 5000 yuan / ton, and that in Nanjing was 5100 yuan / ton, down 5.63% from last week.

2、 Analysis and comment

Raw materials: this week, the price of pure benzene rose rapidly. The listed prices of various factories were raised continuously, and the increase of refining prices was more significant. At the end of this week, the price of pure benzene was 2850-3800 yuan / ton (the average price was 3240 yuan / ton), 32.4% higher than last week. The port inventory of pure benzene continued to accumulate this week, with a decrease compared with last week. Last week, it was reported that OPEC + is expected to jointly reduce production again, and most market participants are waiting for further guidance of oil price; this week, the sharp release of crude oil and external offer is good, which stimulates the market purchase of pure benzene obviously, the increase of on-site inquiry, and the market speculation is high.

The price of nitric acid fell in the week, and the production price in East China at the weekend was 1550 yuan / ton, down 3.12% from last week.

Product: the downstream demand of aniline is generally followed up, and the enterprise has certain shipping pressure. In order to stimulate shipping, the price is lowered, and the overall profit level is down.

3、 Future expectation

Raw materials: after a round of bottoming this week, it will rise again. Downstream and traders have certain inventory, and short-term demand may fall back to a certain extent. It is expected that pure benzene will continue to rise and slow down next week.

The rebound of raw material pure benzene brings good results. It is expected that aniline will run stronger next week.