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Market Review
This week, the price of pure benzene increased by RMB 512/ton, the price of aniline decreased by RMB 700/ton, the price of cyclohexylamine decreased by RMB 500/ton, the price of acetone decreased by RMB 350/ton, and the price of MIBK decreased by RMB 1,100/ton, while the price of other raw materials of additives was basically stable.
Promoter market continues to remain flat, under the influence of aniline continued to fall in the early part of the week, the price of a small downward adjustment. At present, under the influence of the upstream pure benzene price continued to rise, there are signs of aniline bottoming out. Prices of production plants intend to stabilize, and there is some room for negotiation in the channel. It is expected that short-term accelerator prices will continue to maintain a weak and stable trend.
Affected by aniline and MIBK downward adjustment, this week the price of antioxidant 4020 weakened slightly. At present, the antioxidant production plant profit compression is large, strong willingness to support prices, aniline has recently stabilized, the ex-factory price is temporarily maintained firm. The channel is basically based on the goods, the actual transaction prices in the strong competition in the center of gravity downward. Downstream demand continues to be flat, the antioxidant prices are expected to continue to run weakly and steadily.
Insoluble sulfur supply remains sufficient, prices remain stable; zinc oxide prices fell slightly, stearic acid prices rose slightly, silane coupling agent and anti-coking agent prices remain stable.