Into May, the domestic concentrated nitric acid market continued downward trend, industry profits gradually shrink. With the continued infiltration of low prices in the northern market, the southern market showed low prices. With the continued imbalance between supply and demand, some factories limited production stability, the market outlook is still difficult to optimistic.

May domestic concentrated nitric acid market to undertake the downward trend, nitric acid “profiteering era” end. The main reason for the downlink is: high-load operation of the plant, the supply continued to increase, due to acid consumption capacity overwhelmed, acid prices were row row. Coupled with raw material ammonia market downturn, expanding the concentrated nitric acid market down space. Until the deadline, the domestic 98% concentrated nitric acid mainstream to discuss the average price around 1361 yuan / ton, the chain fell about 4.96%. Buy up or not to buy the atmosphere limit, the downstream purchase enthusiasm weakened, the latter part of the demand side performance is particularly important. Nitric acid market decline and the performance of upstream and downstream products are inseparable, the following related products for the market to do a brief analysis of the status quo.

Concentrated nitric acid-related products across the board collapse, but the profit margins are acceptable. With some of the plant shutdown, liquid ammonia supply situation slightly alleviated, liquid ammonia prices remain low hovering. The increase in supply, and the continued decline in prices of benzene, to promote the price of aniline lower. Up and down bad news, acid city pessimistic atmosphere gradually stronger. Coupled with the imbalance between supply and demand fundamentals to expand, the inevitable trend of the city under the city.

The main downstream of the aniline factory operating rate slightly improved, with the aniline profitability enhancement, aniline enterprise device load increase, the purchase of raw materials to become moderate. In the middle of May, “the area along the way” conference held, Beijing-Tianjin-Hebei and the surrounding small and medium-sized micro-chemical enterprises to stop production more, such as military, nitrocellulose, emulsion explosives, and the current fertilizer demand off-season, nitro-compound fertilizer and other weak demand, Facing the city weakened.

Aniline recent market prices began to fall into the channel, “zone along the way” Summit Forum opened, part of the enterprise limited production down, coupled with hazardous chemicals in local areas to limit the transport, the aniline market rhythm will be expected to slow down. Benzene, Sinopec in the two successive months after this cut, the market outlook, pure benzene market sentiment is getting stronger. At the same time, aniline production profit is currently maintained at a high level, to ensure that the aniline to follow the pure benzene prices fell profit margins. Production of tons of aniline with about 0.8 tons of concentrated nitric acid, according to Zhuo record understanding, strong profitability of aniline, the current East China region per ton of aniline gross profit of about 1,800 yuan / ton.

TDI recent domestic plant to meet the very market, coupled with the beginning of Shanghai Ke Si Chuang and southeast electrochemical device accidental parking, the market prices have rebounded. Part just need to enter the market income, industry mentality calm, random take the goods. Late transaction is relatively calm, traders cost savings under the pressure to take the goods, Rangli relatively reduced. As of the closing, the mainstream market in mainland China to discuss the mainstream 26,200 yuan / ton, Shanghai cargo mainstream talks in 26,500 yuan / ton, the chain rose 0.38%. Production of a ton of TDI about 1.4 tons of concentrated nitric acid, it is understood that the current domestic TDI industry considerable profits, a ton of profit is still up to million or more. In summary, concentrated nitric acid market long and short message filled, which oversupply situation still dominated. The price of raw materials liquid ammonia to maintain a low level of hovering for the nitric acid plant to provide a means to increase the cost of support for the supply and demand, supply and demand of raw materials, Contradictions within the short-term difficult to ease, low-cost local transactions show that the recent North-South spread to 50-100 yuan / ton.