View on price trend of o-xylene on December 16

On December 16, the price of o-benzene was temporarily stable

 

Thiourea

According to the data monitoring of business society, the price of o-xylene of Sinopec was temporarily stable on December 16. On December 16, the average quotation price of o-xylene was 6300 yuan / ton, which was temporarily stable compared with the listing price of o-xylene Sinopec on December 15 of the previous trading day. The market of orthobenzene is stable.

 

Overview of upstream and downstream market

 

According to the monitoring data of business society, the price of mixed xylene rose on December 16, and the price of mixed xylene on December 16 was 5900 yuan / ton, up 2.79% from 5740 yuan / ton on December 7; Compared with December 1 at the beginning of the month, the price of mixed xylene was 5910 yuan / ton, down 0.17%; The price of mixed xylene rebounded from the bottom, the cost of o-xylene increased, the driving force of o-xylene increased, and the downward pressure remained.

 

According to the monitoring data of business society, the price of phthalic anhydride hit the bottom and rebounded in December. The price of phthalic anhydride was 7050 yuan / ton on December 16, up 1.44% from 6950 yuan / ton on December 8; Compared with December 1 at the beginning of the month, the price of phthalic anhydride was flat at 7050 yuan / ton; The downstream phthalic anhydride market bottomed out and rebounded, the demand for o-xylene recovered, and the downward pressure of o-xylene market weakened.

 

Market Overview

 

According to the monitoring of business society, the price of o-xylene raw material mixed xylene rebounded recently, the cost of o-xylene rose, the price of phthalic anhydride stopped falling and rebounded, and the demand for o-xylene recovered. As the cost of orthobenzene rises and the demand picks up, the downward pressure on the orthobenzene market weakens and the rising power increases. In addition, the price of orthobenzene in the external market rises. It is expected that the price of orthobenzene will be strongly adjusted in the future and the rising power will increase.

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