1、 Price trend
According to the data in the business club’s large list, the price of aniline remained stable this week, with the price of aniline in Nanjing at 7300 yuan / ton.
2、 Analysis and comment
| Sulfamic acid 99.80% |
Raw materials: this week, the price of pure benzene fell in shock, with the listing price of 5100-5800 yuan / ton, down 1.28% from last week. This week, the trading atmosphere of pure benzene was weak, crude oil and external market fell, and the support under pure benzene was insufficient. The lack of downstream shipping power and inventory accumulation further worsened the confidence of pure benzene market participants. On Wednesday, Sinopec cut the price of pure benzene by 150 yuan / ton to 5350 yuan / ton.
Nitric acid prices fell this week, with production prices in East China at 1550 yuan / ton, down 2.11% from last week.
Product: thanks to the shutdown of Jinling aniline plant, aniline inventory pressure is small. The upstream pure benzene support is weak, and the downstream procurement enthusiasm is not high, which brings negative impact.
| sulphamic acid |
3、 Future expectation
Raw materials: the contradiction between supply and demand of pure benzene enterprises is prominent. The large refinery in Northeast China has been restarted. The load will be increased in the later period, and the supply pressure will be further increased. Therefore, the market is difficult to improve significantly. It is predicted that pure benzene will still operate weakly in the short term.
Jinling is expected to restart, supply will increase in the later period, and the delivery pressure will increase.
| Magnesium Sulphate |