The price of o-xylene fluctuated and rose in March

According to the price trend chart of ortho xylene of the business community, as of March 29, the price of ortho xylene was 8600 yuan/ton, an increase of 7.50% compared to the price of ortho xylene of 8000 yuan/ton at the end of February 28 of last month. The market of orthoxylene industry chain was supported by rising prices, and the domestic orthoxylene market rose significantly in March.

The market of raw materials mixed with xylene fluctuated and rose in March

As can be seen from the price trend chart of mixed xylene of the business agency, as of March 29, the price of mixed xylene was 7540 yuan/ton, an increase of 1.21% compared to the price of mixed xylene of 7450 yuan/ton on March 1. The price waveform of mixed xylene was adjusted in March. Overall, the price of mixed xylene rose in March, with a strong upward momentum for orthoxylene.

Downstream phthalic anhydride market fluctuated and rose in March

As can be seen from the price trend chart of phthalic anhydride of the business community, as of March 29, the quotation for ortho phthalic anhydride was 8625 yuan/ton, an increase of 2.07% compared to the price of 8450 yuan/ton on March 1. In March, the price of ortho phthalic anhydride rose first and then fell. The overall market for phthalic anhydride fluctuated and rose, with increased support for ortho xylene.

Future prospects

Analysts from the business agency Orthoxylene Data believe that in March, the market in the upstream and downstream of the Orthoxylene industry chain fluctuated and increased, while the price of mixed xylene fluctuated and increased, while the price of phthalic anhydride rose, with strong support for the rise of Orthoxylene. In the future, mixed xylene has limited upward support, phthalic anhydride prices are stagnant, and o-xylene costs have supported limited demand to stabilize temporarily. It is expected that the price of o-xylene in the future will fluctuate and stabilize.