This week, pure benzene prices remained stable, Aniline prices rose 70$/t, Cyclohexylamine prices rose 40$/t, MIBK prices fell 200$/t, Acetone prices rose 20$/t and the prices of other auxiliary raw materials were basically stable.
By Aniline, Cyclohexylamine and other raw material prices rebounded, the overall market price of accelerators stopped falling and stabilized. At present, the downstream tyre enterprises start rate has been adjusted downward, the demand for accelerators also fell. Recently accelerator prices are running close to the cost, supported by Aniline prices remain stable for the time being, the subsequent specific trends need to pay attention to the downstream start-up situation and the trend of raw materials.
Antioxidant 6PPD and IPPD prices continued to fall this week. The price of antioxidant TMQ fluctuated slightly under the support of aniline. Due to the recent decline in the export volume of antioxidants, coupled with the lack of demand from domestic downstream customers, it is difficult to reverse the situation where the supply of antioxidants exceeds demand for the time being. The current market competition is more intense, resulting in further compression of the profit margin of antioxidants. It is expected that next week the antioxidant 6PPD and IPPD still have the possibility of downward movement, antioxidant TMQ in aniline support to maintain stability.
The supply of insoluble sulphur remains adequate and prices remain stable; zinc oxide prices have fallen slightly, while stearic acid, silane coupling agents and prices remain stable.