I. price trend

This week, aniline continued to decline in Shandong and Nanjing, according to a large number of data from the business club. Last Friday, the market price of aniline in Shandong was 7150 yuan / ton, while that in Nanjing was 7530 yuan / ton. On Friday, the market price of aniline in Shandong Province was 6680-6700 yuan / ton, down 6.43% from last week, while that in Nanjing was 7000 yuan / ton, down 7.04% from last week.

II. Analysis and comment

Raw materials: the port inventory of pure benzene is low this week, and the spot supply is tight to support the pure benzene market. However, the downstream profit level is low, which limits the recovery of pure benzene market.

Product: this week, aniline made two major adjustments, during which some enterprises continued to reduce prices to promote shipment. Aniline factory load higher, inventory accumulation, in order to promote the shipment of aniline enterprises to reduce profit prices.

III. future expectation

Raw materials: at present, the overall supply and demand of pure benzene market are weak, and the sense of market direction is not strong. In addition, the supply of hydrogenated benzene in North China will resume, and Zhejiang Petrochemical will soon pilot production, which may increase the impact on the pure benzene Market in the future. It is expected that the short-term pure benzene will still be weak in the overall operation.

Compared with the price of pure benzene at present, the price of aniline is still higher than that at the beginning of September, or there is still a possibility of downward trend.