1、 Price trend

According to the data of the bulk list of business agencies, aniline was stable after rising this week. On December 2, the price was 10438 yuan/ton, and on December 9, the price was 10800 yuan/ton, up 3.47% from last week and 20% from the same period last year.

2、 Analysis and review

On the cost side, pure benzene: the fundamentals of pure benzene continue to be weak, and the downstream are more wait-and-see, with average purchase intention; During the week, the crude oil fell continuously, and the cost faced a negative impact on the pure benzene market; Downstream styrene grew slightly, boosting the pure benzene market. At the beginning of the week, the stocks of pure benzene at ports in East China decreased slightly, and the supply pressure eased. On Friday (December 9), the price of pure benzene was 6514 yuan/ton, 0.31% lower than that of last week and 1.46% higher than that of the same period last year.

Nitric acid: The domestic nitric acid price is stable this week. The price was 2433 yuan/ton on December 2, and 2433 yuan/ton on December 9. The price was flat last week, up 2.82% from the same period last year.

Due to the tightening of spot supply of aniline in northern regions, the market is bullish, and the price has risen continuously in the first half of the week. However, the downstream of the terminal is in the traditional off-season, so it is difficult to greatly increase the demand for aniline. As the good supply turns weak, aniline becomes stable and increases on the sidelines.

3、 Future market expectation

At present, the supply and demand of aniline market is temporarily stable, and there is no more good news in the market. It is expected that aniline will stabilize in the short term. Continue to pay attention to the trend of raw materials, the dynamics of aniline device and the downstream picking mood.