The aniline market may change in the second half o

The aniline market may change in the second half of the year.

first, the production capacity will increase slightly

affected by the impact of the financial crisis and the downturn of the domestic market, there was no new production capacity of benzene measurement indentation diagonal length amine in China in 2009. In the first half of 2010, only Nanhua company expanded and added 90000 T/A, which was completed and put into operation at the end of May. Some enterprises filled in the units, and some small-scale units were shut down and stopped production. See Table 1 for the statistics of domestic aniline production capacity by the end of June 2010

the aniline production capacity increased by 75000 t/a compared with 1.66 million t/a in 2009, and the commercial aniline production capacity was about 1.275 million T/A, slightly increased compared with 2009

in the first half of 2010, aniline production and supply basically maintained the trend of booming production and sales. From the statistics of the whole industry, the operating rate was slightly higher than that in 2009. Because many small and medium-sized devices were in the state of shutdown or semi shutdown, the operating rate of major production enterprises remained at a high level, and some enterprises even reached more than 90%, far higher than the operating rate of 64% of the whole industry in 2009

in the first half of 2010, aniline production and market sales were booming, and the operating rate of major enterprises increased significantly, mainly based on the following factors

● some small and medium-sized aniline plants are in the state of shutdown or semi shutdown. Due to the impact of the financial crisis from 2008 to 2009, some aniline plants were shut down due to various factors, and they still did not return to work in the first half of 2010, such as Henan Cape, Jiangsu Anbang electrochemical, Huayang Huahong chemical, etc., and Handan Xinyangguang, etc., were in a semi shut-down state

● unstable hydrogen supply leads to low operating rate of some enterprises. Due to the insufficient supply of hydrogen, Jiangsu Lister was basically shut down from January to June, and currently plans to withdraw from aniline production; Shandong Haihua completely stopped production from January to April, and resumed production at the end of April. Only about 50% of the work was started due to insufficient hydrogen supply, and it stopped production again in mid June due to hydrogen supply problems; Jiangsu Dahe, Jiangsu Ruixiang, Lanzhou Petrochemical, Jiangsu Meilan and Taixing Xinpu also stopped production or operated at low load from April to may due to hydrogen supply problems. In mid June, Jiangsu Ruixiang's operating rate was only 30% due to insufficient hydrogen supply, and it had the intention to stop

● other factors lead to the shutdown of the device. Chongqing Changfeng has been operating at low load in the first half of the year due to insufficient natural gas supply; Tianji Group stopped twice in March due to failure, and carried out another one month maintenance in May; Some other enterprises shut down for many times due to equipment failure, which affected the aniline market supply

due to the supply of raw materials and other problems, the output of many aniline plants was small in the first half of 2010. Coupled with the strong demand in the domestic market, the operating rate of major aniline production enterprises was maintained at a high level to a certain extent. As the affected plants were mainly small and medium-sized plants, the average operating rate of the whole industry increased year-on-year in the first half of 2010, and the economic benefits of major plants were relatively ideal

Table 1 Statistics of major aniline production enterprises and production capacity in China in 2010 10000 t/a

enterprise name

production capacity (10000 t/a)

Bayer materials technology (Shanghai) Ltd.

28

Sinopec Nanjing Chemical Industry Co., Ltd.

26

Shanghai Lianheng isocyanate Co., Ltd.

16

Jilin Cornell Chemical Co., Ltd.

15

Shanxi Tianji Coal Chemical Group Co., Ltd.

13.5

Xinpu chemical (Taixing) Ltd.

13.5

Petrochina Lanzhou refining and Chemical Co., Ltd.

7

Shandong Jinling Chemical Group Company

6

Zhangqiu Riyue Chemical Co., Ltd.

5

Shandong Haihua Chemical Co., Ltd.

Jiangsu lishide Chemical Co., Ltd.

5

Hebei Jiheng Chemical Group Co., Ltd.

5

Chongqing Changfeng Chemical Co., Ltd.

4.5

Jiangsu Ruixiang Chemical Co., Ltd

5

Jiangsu Meilan chemical group company

3

Jiangsu Dahe chlor alkali Co., Ltd.

3

Jiangsu Anbang electrochemical Co., Ltd.

3

Henan Kaipu Chemical Co., Ltd.

3

Jintian enterprise (Nanjing) Co., Ltd.

Yantai Wanhua polyurethane company

2

others

6

total

173.5

II High price consolidation

in the first half of 2010, the overall trend of aniline price basically kept pace with that of pure benzene. Compared with the price gap between pure benzene and aniline in 2009, aniline should belong to high price consolidation in the first half of 2010

in January, the price of aniline continued the rising trend in the fourth quarter of 2009. With the rising price of pure benzene, downstream customers purchased and stocked up in advance before the Spring Festival to ensure the normal supply of products during the festival and the smooth operation of production after the festival. In addition, the domestic aniline operating rate was not high, resulting in a tight supply of goods. The price increased compared with the end of 2009

in February, affected by the price reduction of pure benzene and the completion of stocking by downstream customers, the market trading volume shrank and the price began to decline gradually. Stimulated by the warming of the external market of pure benzene after the Spring Festival, the domestic demand for aniline gradually recovered, and the transaction price stabilized. The supply of aniline in some regions was still tight, and the price slowly rebounded

in March, due to the fact that some units were still in the shutdown state, the downstream customers stocked up and consumed, and the inventory of aniline production enterprises was small, the aniline Market showed a rare situation of supply exceeding demand, and the price was gradually pushed up. The price of raw material pure benzene was strong, and the price of aniline reached 11300 yuan/t at the end of March in major domestic markets

the peak season of pesticide production began in April, and domestic demand continued to increase. At the beginning of the month, the aniline market rose strongly, the downstream demand improved, and the tight supply of goods was still difficult to ease. Although the operating rate of major production enterprises continued to increase, due to the rapid increase in the export of pesticides and rubber additives, the price of raw material pure benzene was strong and other factors, the aniline market price rose steadily throughout April, and by the end of the month, the mainstream price in East China rose to 11900 yuan/t

the recovery of the international market in early May, the domestic aniline supply and demand was still relatively tight, the market maintained the rising inertia in April, and the price continued to rise. In mid May, the mainstream price in East China exceeded 12000 yuan/T. With the decline of the price of pure benzene, the preparation work required for aniline and its distribution to retail stores has also been reduced, and the price deviates from the price of pure benzene. Downstream customers begin to be in a wait-and-see situation, and the trading volume has shrunk significantly. The aniline Market is in a situation of price without market. At the end of the month, the price of pure benzene continued to decline, and the high price trend of aniline was difficult to maintain, resulting in a large diving market, and the price quickly fell to 11000 yuan/t at the end of the month

in June, the main downstream customers were affected by the possible double bottom situation of the overseas economy, and the purchasing attitude of raw materials was cautious. Most factories were unwilling to stock up. At the same time, the operating rate of domestic devices rose, and the price of aniline began to decline gradually. Although the price of pure benzene rose in the middle and late June, the price of aniline only stopped falling and stabilized, and there was no obvious upward trend. At the end of June, the mainstream price in East China was 10700 yuan/t

at the beginning of July, due to factors such as raw material price and maintenance of some devices, the spot price was less, and the price of aniline increased. At present, the mainstream quotation in East China is about 11000 yuan/t

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