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    Home > Chemicals Industry > Rubber Plastic News > Aniline: The price has risen sharply, breaking the 10,000 yuan mark

    Aniline: The price has risen sharply, breaking the 10,000 yuan mark

    • Last Update: 2022-08-26
    • Source: Internet
    • Author: User
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    After the Spring Festival, the domestic aniline market experienced a steady consolidation during the festival and then rose rapidly, starting a surge in the market.
    The mainstream transaction price of aniline in various places rose by 1,200 yuan (ton price, the same below) three days after the festival


    .


    "The aniline market has gone from a stable operation before the festival to a sharp rise after the festival.
    In addition to the factors of demand, inventory and raw materials, positive factors such as smooth transportation after the festival, easing of financial tensions, and general rise in the energy sector are also contributing to the fuel.
    The situation of tight goods and rising prices


    .


    "The aniline market has gone from a stable operation before the festival to a sharp rise after the festival.


    Expected increase in demand Expected increase in demand

    From the perspective of the downstream MDI industry of aniline, the United States was hit by a cold wave during the Spring Festival, and the MDI devices of local companies such as Covestro and Dow were reduced or stopped due to force majeure.
    Globally, especially in Europe, Africa and the Middle East, the supply of goods was tight


    .


    From the perspective of the downstream MDI industry of aniline, the United States was hit by a cold wave during the Spring Festival, and the MDI devices of local companies such as Covestro and Dow were reduced or stopped due to force majeure.


    "As the largest downstream product of aniline, MDI, the sharp rise in the market in February became the main factor driving the aniline market soaring
    .


    In addition, the MDI plant of Wanhua Chemical Yantai Industrial Park has been expanded from 600,000 tons/year to 1.


    Inventory is low Inventory is low

    According to Shao Huiwen, a senior market commentator, in the early period of the Spring Festival, downstream and traders had weak expectations for the aniline market, and their intention to stock up was not high.
    The rise accumulates energy


    .


    According to Shao Huiwen, a senior market commentator, in the early period of the Spring Festival, downstream and traders had weak expectations for the aniline market, and their intention to stock up was not high.


    The feedback from aniline enterprises shows that Jinling, Shandong has an overhaul plan in March, and the shipment volume has decreased; some manufacturers in Jiangsu have also reduced the supply of retail customers due to arranging shipments, and the supply of goods in social circulation has a tendency to further decrease, which is also the short-term price of aniline will rise all the way.


    Costs rise sharply Costs rise sharply

    According to Yan Shaoqi, a pure benzene trader, recently, there has been a surge in the domestic pure benzene market


    .


    According to Yan Shaoqi, a pure benzene trader, recently, there has been a surge in the domestic pure benzene market
    .
    The listing price of Sinopec pure benzene rose to 6,750 yuan on February 26, a month-on-month increase of 41%

    .
    From the perspective of supply and demand, the cargoes arriving at East China ports decreased in February.
    As of February 27, the inventory of pure benzene ports in Jiangsu was 204,500 tons, down 3.
    5% from February 19

    .
    In March, the number of ships arriving at the port is limited, and the port is expected to continue the mode of reducing inventory.
    The pure benzene market is still expected to rise, which will form a basic support for aniline in terms of cost, and the possibility of a high and strong aniline market cannot be ruled out

    .

    A pure benzene importer and exporter in Jiangsu said that the global price of pure benzene rose sharply in February.
    On February 26, the closing price of FOB Korea in Asia was US$875.
    67, a month-on-month increase of 33%, which was higher than the domestic market

    .
    The domestic Ningbo Zhongjin postponed the restart of the aromatics plant due to technical problems, and Quanzhou Petrochemical maintained low-load operation, which caused the domestic benzene price to soar, thus supporting the surge in the Asian benzene market

    .

    A pure benzene importer and exporter in Jiangsu said that the global price of pure benzene rose sharply in February.
    On February 26, the closing price of FOB Korea in Asia was US$875.
    67, a month-on-month increase of 33%, which was higher than the domestic market

    .
    The domestic Ningbo Zhongjin postponed the restart of the aromatics plant due to technical problems, and Quanzhou Petrochemical maintained low-load operation, which caused the domestic benzene price to soar, thus supporting the surge in the Asian benzene market

    .

    In addition, due to the low temperature on the Gulf Coast of the United States, many refineries have stopped production, and the tightening of supply has driven the global price of pure benzene to firm, and the strength of the external disk has also formed continuous support for the domestic market
    .

    In addition, due to the low temperature on the Gulf Coast of the United States, many refineries have stopped production, and the tightening of supply has driven the global price of pure benzene to firm, and the strength of the external disk has also formed continuous support for the domestic market
    .

    According to industry analysts, according to the current transaction status, the aniline market is still in a short-term hot period when demand exceeds supply.
    In addition, many chemical products are currently rising generally, and there is still room for continued growth in the short term

    .
    However, in the later period, as the aniline enterprises shut down and overhauled, the pattern of demand exceeding supply may be alleviated, and it is expected that March will become a key node

    .

    According to industry analysts, according to the current transaction status, the aniline market is still in a short-term hot period when demand exceeds supply.
    In addition, many chemical products are currently rising generally, and there is still room for continued growth in the short term

    .
    However, in the later period, as the aniline enterprises shut down and overhauled, the pattern of demand exceeding supply may be alleviated, and it is expected that March will become a key node

    .
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