After the festival, the price of orthobenzene remained stable temporarily

As can be seen from the price trend chart of o-benzene in business society, the price of o-benzene is temporarily stable after the festival, and the price of o-xylene is stable after the festival. On May 9, the price of orthobenzene was 8200 yuan / ton, which was stable compared with 8200 yuan / ton on May 1 at the beginning of the month. After the festival, the demand for orthobenzene was weak and the orthobenzene market was flat.

After the festival, the price of mixed xylene rebounded and rose

According to the trend chart of mixed xylene in business society, the price of crude oil rose sharply after the festival, the price of mixed xylene rose violently, and the overall mixed xylene market recovered. As of May 9, the price of mixed xylene was 7610 yuan / ton, up 3.82% from 7330 yuan / ton on May 1 at the beginning of the month. After the festival, the price of mixed xylene rose, the cost of o-xylene rose, the downward pressure of o-xylene weakened, and the upward momentum increased.

Downstream phthalic anhydride prices continued to fall

As can be seen from the phthalic anhydride price trend chart of business society, the phthalic anhydride market continued to decline after the festival, and the phthalic anhydride price fluctuated and fell. As of May 9, the phthalic anhydride price was 8062.50 yuan / ton, down 0.92% from 8137.50 yuan / ton on May 1 at the beginning of the month. After the festival, the price of phthalic anhydride fell, the demand for o-xylene was weak, and the pressure of o-xylene decline was great.

Outlook

Analysts of o-xylene data of business society believe that after the festival, the price of crude oil rises, the price of mixed xylene falls, and the raw material cost of o-xylene rises; The price of downstream phthalic anhydride fell, the demand for o-benzene was weak, and the pressure of o-benzene decline was great. Generally speaking, the cost of orthobenzene is rising, the demand is weak, and the price of orthobenzene is temporarily stable. In the future, the upward momentum of o-xylene is weakened, and the downward pressure remains. It is expected that the price of o-xylene will stabilize in the future.