1、 Price trend

According to the bulk list data of the business agency, the price of aniline was relatively stable this month. The market price of aniline was 12100 yuan/ton on March 6 and 12200 yuan/ton on March 10, up 0.82% from last week.

2、 Analysis and comment

Pure benzene market: the increase in the main listing boosted market confidence, and the price stopped falling and rebounded, but the downstream resisted high-priced raw materials, and the trading volume was low; Shandong Refinery also resisted high-price pure benzene, and the number of transactions in the day decreased compared with yesterday. Overnight crude oil and styrene prices fell, but the main unit price of pure benzene supported the market. It is expected that the pure benzene in East China will rebound slightly today. On Thursday (March 9), the price of pure benzene was 7275 yuan/ton, up 1.74% from last week and down 18.07% from the same period last year.

Nitric acid: the domestic nitric acid price fell slightly this week. The price was 2483 yuan/ton on March 6 and 2467 yuan/ton on March 9, which was 4.73% lower than last week and 12.04% higher than the same period last year.

Due to the tight spot supply of aniline in the northern region, the market was bullish, and the price rose continuously in the first half of the week. However, the downstream of the terminal is in the traditional off-season, and the demand for aniline is difficult to be significantly improved. With the favorable supply turning weak, aniline stabilizes and the wait-and-see increases.

3、 Aftermarket expectation

At present, the factors affecting the price of aniline still lie in the supply and demand side. At present, the market is waiting for the implementation of Jinling maintenance plan, and it is expected that there will be a small increase in domestic aniline in the next cycle.