Price trend:

According to the business agency data monitoring, the contract price of o-benzene Sinopec fell in August. As of August 17, Sinopec has offered 4400.00 yuan / ton of o-xylene in East China and 4400 yuan / ton in North China, which is stable compared with the beginning of the month, and the market of o-xylene is weaker.

Price trend of raw materials

It can be seen from the price trend chart of mixed xylene that the price of mixed xylene rose first and then fell in August. The cost of raw materials of o-benzene fell this week, and the market of o-benzene was negative, and the downward pressure of o-benzene market increased.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the phthalic anhydride price continued to decline in August, and the phthalic anhydride market hit the bottom and rebounded on August 17, while the phthalic anhydride market fell and the o-benzene market was negative. The downstream demand of o-benzene decreased and the market of o-benzene was negative.

Future forecast:

According to Bai Jiaxin, an o-xylene data analyst at the business club, the market of o-xylene continued to decline in August, and the market of o-benzene was not rising enough, and the pressure of o-benzene market falling was greater. Generally speaking, there is a greater pressure on the future market of o-benzene industry chain, and the risk of future market decline of o-benzene is greater, and the market of o-benzene is expected to decline in the future.