The price of orthobenzene rose this week

According to the price trend chart of orthobenzene in business society, the price of orthobenzene rose this week and the price of orthoxylene rose this week. On May 16, the price of o-benzene was 8400 yuan / ton, up 200 yuan / ton or 2.44% from 8200 yuan / ton on May 9 at the beginning of the week. The cost of orthobenzene rose this week and the orthobenzene market picked up.

Mixed xylene prices rebounded and rose this week

According to the trend chart of mixed xylene of business society, the crude oil price fluctuated and rose this week, the price of mixed xylene stopped falling and rose, and the overall mixed xylene market recovered. As of May 16, the price of mixed xylene was 7660 yuan / ton, up 0.66% from 7610 yuan / ton on May 9 at the beginning of the week; Compared with the price of 7330 yuan / ton of mixed xylene on May 1, it increased by 4.50%. The price of mixed xylene rose this week, the cost of o-xylene rose, the downward pressure of o-xylene weakened, and the upward momentum increased.

Downstream phthalic anhydride prices fell weakly

As can be seen from the price trend chart of phthalic anhydride in business society, the market of phthalic anhydride continued to decline this week, and the price of phthalic anhydride fell slightly. As of May 16, the price of phthalic anhydride was 8025.00 yuan / ton, down 0.47% from 8062.50 yuan / ton on May 9 at the beginning of last week; The price of phthalic anhydride decreased by 1.38% from 8137.50 yuan / ton on May 1 at the beginning of the month. This week, the decline of phthalic anhydride price slowed down, the demand for o-xylene was weak, and the downward pressure of o-xylene remained.

Outlook

Analysts of o-xylene data of business agency believe that the crude oil price fluctuated and rose this week, the price of mixed xylene rebounded and rose, and the raw material cost of o-xylene rose; The price of downstream phthalic anhydride fell weakly, the demand for orthobenzene was weak, and the downward pressure of orthobenzene remained. Generally speaking, the cost of orthobenzene is rising, the demand is weak, and the price of orthobenzene is rising. In the future, the driving force for the rise of o-xylene is increasing, and the downward pressure remains. It is expected that the price of o-xylene will stabilize strongly in the future.