On the afternoon of November 13 (Sunday), continuous explosions and fire accidents occurred in the aniline plant of the SBP plant of Jilin Petrochemical Company. Surprisingly, despite the explosion of the largest aniline company in the country, the aniline market was "shocked" by a slight shock, but it only stopped the earlier decline, and there have been no signs of speculative price increases.
On Monday (14th), with the exception of Jilin Petrochemical's aniline plant being temporarily stopped, the factory price of other domestic aniline manufacturers was basically stable. Hebei Yi Heng aniline factory price is 11,000 yuan (ton price, the same below), and last weekend (11th) flat; Henan Chemicals and South Chemical Corporation factory prices are at 10,200 yuan, are also the same as last weekend; only Nanjing Chemical The factory raised its aniline factory quotation to 10,500 yuan, up 300 yuan from the previous weekend.
Informed sources at the Nanjing Chemical Plant told reporters in a telephone interview that the reason for the “quake quake†in the market was not news obstruction or market numbness, but the overall supply of the domestic aniline market was abundant. Domestic aniline production capacity reached 450,000 tons by the end of 2004 and it has now reached more than 500,000 tons. Moreover, Nanhua Group's 100,000 tons of equipment has been completed and is preparing to test; Shanxi Tianji Group's 130,000 tons of aniline project is scheduled to be completed and put into operation by the end of the year. . The domestic aniline market started to decline from June this year and remained in a downward trend last week. The recent market has always maintained an oversupply situation. Most small domestic enterprises are under low-load production. Some manufacturers in North China even choose to stop and overhaul to reduce market resources.
It is reported that there are multiple sets of aniline production facilities in Jilin, with a total production capacity of 136,000 tons/year. In 2004, the production capacity of aniline ranked first in China and second in Asia. The explosion occurred in its new 70,000-ton production facility. Jilin's aniline products mainly supply the northeast market, north china market, shandong market, and exports, while the north market is a region with relatively abundant capacity and low price. Currently is in the off-season consumption of aniline (peak season in March to June), some manufacturers, middlemen and downstream users still have a certain amount of inventory in hand, so Jilin aniline explosion accident is unlikely to lead to skyrocketing market prices. But after all, accidents are major devices in the industry, which will inevitably cause some psychological impact on the market, which will effectively prevent the decline of the aniline market, and may cause a slight rebound in the market. Small manufacturers in North China are expected to increase their load and will also accelerate the progress of projects under construction in order to fill market vacancies.
On Monday (14th), with the exception of Jilin Petrochemical's aniline plant being temporarily stopped, the factory price of other domestic aniline manufacturers was basically stable. Hebei Yi Heng aniline factory price is 11,000 yuan (ton price, the same below), and last weekend (11th) flat; Henan Chemicals and South Chemical Corporation factory prices are at 10,200 yuan, are also the same as last weekend; only Nanjing Chemical The factory raised its aniline factory quotation to 10,500 yuan, up 300 yuan from the previous weekend.
Informed sources at the Nanjing Chemical Plant told reporters in a telephone interview that the reason for the “quake quake†in the market was not news obstruction or market numbness, but the overall supply of the domestic aniline market was abundant. Domestic aniline production capacity reached 450,000 tons by the end of 2004 and it has now reached more than 500,000 tons. Moreover, Nanhua Group's 100,000 tons of equipment has been completed and is preparing to test; Shanxi Tianji Group's 130,000 tons of aniline project is scheduled to be completed and put into operation by the end of the year. . The domestic aniline market started to decline from June this year and remained in a downward trend last week. The recent market has always maintained an oversupply situation. Most small domestic enterprises are under low-load production. Some manufacturers in North China even choose to stop and overhaul to reduce market resources.
It is reported that there are multiple sets of aniline production facilities in Jilin, with a total production capacity of 136,000 tons/year. In 2004, the production capacity of aniline ranked first in China and second in Asia. The explosion occurred in its new 70,000-ton production facility. Jilin's aniline products mainly supply the northeast market, north china market, shandong market, and exports, while the north market is a region with relatively abundant capacity and low price. Currently is in the off-season consumption of aniline (peak season in March to June), some manufacturers, middlemen and downstream users still have a certain amount of inventory in hand, so Jilin aniline explosion accident is unlikely to lead to skyrocketing market prices. But after all, accidents are major devices in the industry, which will inevitably cause some psychological impact on the market, which will effectively prevent the decline of the aniline market, and may cause a slight rebound in the market. Small manufacturers in North China are expected to increase their load and will also accelerate the progress of projects under construction in order to fill market vacancies.
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