1、 Price trend

According to the data of the bulk list of business cooperatives, aniline was stable and slightly moved this week. On October 28, the price of aniline was 14700 yuan/ton; On November 4, the price of aniline was 14625 yuan/ton, 0.51% lower than that of last week and 3.24% higher than that of the same period last year.

2、 Analysis and review

On the cost side, pure benzene: At the beginning of the week, the pure benzene inventory of East China ports rose to 73200 tons, and the import of pure benzene from ports is expected to increase in the future. Downstream market decline is the main trend, with strong resistance to high price pure benzene. In addition, the industry is short of the future pure benzene market, with general interest in market procurement, weak demand in the north, and strong factory willingness to ship. The supply side increased while the demand side declined, and the price fell continuously during the week. On Friday (November 4), the price of pure benzene was 6900-7050 yuan/ton (the average price was 6967 yuan/ton), 6.76% lower than that of last week and 8.57% lower than that of the same period last year.

Nitric acid: The domestic nitric acid price stabilized this week. The price was 2367 yuan/ton on October 28 and 2367 yuan/ton on November 4. The price was flat last week, down 27.99% from the same period last year.

At present, the aniline market continues to be in a tight supply situation, but the devices for early shutdown and maintenance are planned to restart, and the supply is expected to increase. During the week, pure benzene fell continuously, and the cost support weakened; The demand for downstream auxiliary agents is weak, and the follow-up of high priced aniline is cautious. It is mainly just in need of purchase. The fundamentals of aniline are weak, and the prices are sideways arranged within the week.

3、 Future market expectation

The aniline plants overhauled in North China have been restarted successively, and the shortage of supply has eased to a certain extent. The cost of aniline is weak, and the demand needs to be followed up. To sum up, aniline continued to operate at a high level in the short term. The industry weighed supply and downstream gas buying, and the price may fall back. Continue to pay attention to the trend of raw materials, the dynamics of aniline device and the downstream picking mood.