1、 Price trend

The price of aniline in Shandong Province was 4200-4330 yuan / ton on August 14, and the price of aniline 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 16) was 3200-3400 yuan / ton (the average price was 3360 yuan / ton), and the average price was 80 yuan / ton, or 2.33% lower than last week. This week, some downstream units of pure benzene were overhauled in the north, and the supply of goods was sent to East China, and the downstream price reduction intention was obvious. External market weakness, coupled with Sinopec listing price down 100 yuan / ton to 3350 yuan / ton, the bottom support weakened, this week pure benzene fell significantly. This week, pure benzene port inventory rose slightly, still waiting for unloading, inventory high.

The price of nitric acid in East China fell to 1516.67 yuan / ton on August 14, 16.66 yuan / ton or 1.09% lower than last week.

At present, aniline is in a deficit state, and the downstream demand is difficult to improve in the short term, and the enterprises may reduce the negative insured price.

3、 Future expectations

In terms of cost, crude oil and external market trend downward, downstream price reduction intention is obvious, port inventory remains high, bottom support is weakened, and pure benzene is expected to continue to decline next week.

At present, there are many stops in aniline plant, the supply is not high, and the supply and demand are temporarily stable. It is expected that aniline price will remain stable next week.