Price trend:

According to the data monitoring of business agency, the market of o-benzene is temporarily stable this week, and the quotation of o-benzene contract is stable. As of October 26, 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 temporarily stable.

Upstream market of o-benzene

From the price trend chart of mixed xylene, it can be seen that the price of mixed xylene, raw material of o-xylene, fell by 0.56% this week, the cost of o-xylene decreased, the price of mixed xylene dropped in a volatile way, the pressure on the cost of o-xylene increased, and the driving force of o-xylene to rise was weakened.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the phthalic anhydride market rebounded and rose, with the phthalic anhydride price rising by 1.32%. The phthalic anhydride market rose, which was good for the o-benzene market, and the downstream demand of o-phthalic anhydride recovered, and the o-phthalic acid price rose greatly.

Future forecast:

According to Bai Jiaxin, an o-xylene data analyst at business club, the price of ortho benzene raw materials fell this week, while the downstream phthalic anhydride price rose and the plasticizer market declined. The rising momentum of o-benzene market weakened, the performance of o-benzene market weakened, and the o-benzene market remained stable temporarily.