Price Trend
Aniline prices in Shandong and Nanjing remained stable this week at around 5600-5950 yuan per ton, according to a large list of business associations.
| Magnesium Sulphate |
II. Analytical Review
Raw Material: Earlier this week, due to the positive impact of last week’s inventory decline data in East China Port, the overall market climate improved. As the price of crude oil began to fall sharply in the end of the day, the trading atmosphere of the whole market turned to light and the focus of the negotiations moved down. However, the overall price of pure benzene is strong, and the price of external market is high, which has certain support for the domestic market spot. This week, the mainstream price of pure benzene in the domestic market is around 4300-4500 yuan/ton.
Products: This week, the domestic aniline Market is stable and prices remain stable. Although the international oil price has fallen sharply, the aniline market continues to hold up.
Downstream: This week, MDI overall showed a downward trend, falling by 2.76%.
| Sulfamic acid |
III. Future Market Expectations
Raw Material: Next week’s pure benzene market will be affected by crude oil prices or continue to be weak.
| sulphamic acid |
Nanjing chemical aniline plant was delayed to restart, which supported the price of aniline.
The aniline Market is expected to continue to operate weakly and steadily next week.