Aniline price trend In February

1.Price Trend

According to the data of the bulk list of the business community, this month aniline increase fluctuation, the price growth is faster in the latter half of the year. On February 1st, the market price of aniline was 10600 yuan/ton; On February 27, the price was 12,100 yuan/ton. The average price of aniline this month increased by 12.39% compared with the beginning of the month, and decreased by 8.33% compared with the same period last year.

2. Analysis and comment

Raw material surface, pure benzene market is relatively stable this month, price fluctuation is not big. A wide drop in crude oil, cost negative. Second, the AsiAn-American arbitrage window is closed, and the price of pure benzene in China is high, so the import volume of pure benzene in February is high. And pure benzene market overall supply is sufficient. Third, the downstream profit level is not good, styrene price fluctuates, relative to the beginning of the month price down 1.05%. At the beginning of the month, the price of pure benzene is 7100 yuan/ton; At the end of the month, the price was 7,100 yuan/ton. The price of this month was stable, down 10.12% compared with the same period last year.

Nitric acid: Nitric acid prices fell this month. The price of nitric acid in East China at the beginning of the month was 2516 yuan/ton, and the price at the end of the month was 2500 yuan/ton, the price decreased by 0.63% compared with the beginning of the month, and increased by 13.63% compared with the same period last year.

In February this year, aniline reversed the trend, all the way up. Since the beginning of this month, the pre-maintenance devices have returned successively, and the spot supply increment on site is insufficient; In the downstream, the resistance to high aniline increased, so the operating rate decreased and the demand for aniline increased. Under the background of insufficient supply and increasing demand, aniline factory inventory is insufficient and the price rises widely. Near the end of the month, the price of aniline is relatively stable.

3. The future market forecast

Raw material surface, pure benzene: the fundamentals of short-term weakness is difficult to change, East China port is expected to continue to tired, there is sufficient supply, short-term pure benzene continued weak trend, wait and see whether the cost surface, demand surface can improve.

Pure benzene is still weak in the short term, aniline cost surface support is insufficient. In February aniline plant maintenance is less, the supply side is sufficient. The downstream MDI demand is temporarily stable, and the auxiliary industry enters the off-season, and the demand performance is poor. Later continue to pay attention to the trend of cost surface, downstream demand changes and aniline plant operating rate changes.