The price of ortho xylene has increased this week

According to the Commodity Market Analysis System of Shengyishe, as of December 21st, the price of ortho xylene was 7600 yuan/ton, an increase of 100 yuan/ton or 1.33% compared to the price of ortho xylene at 7500 yuan/ton on December 8th last weekend. The price of mixed xylene raw materials has increased, and the cost of ortho xylene has increased; The price of phthalic anhydride fluctuated and rose, while the market for plasticizers fluctuated and stabilized. Downstream demand rebounded, and the price of ortho xylene rose this week.

Raw material mixed xylene rebounds and rises

According to the analysis system of mixed xylene commodity market in Shengyishe, as of December 21, the price of mixed xylene was 6940 yuan/ton, an increase of 0.29% compared to the price of mixed xylene on December 14, which was 6920 yuan/ton; Compared to the quoted price of 6900 yuan/ton on December 11th, it has increased by 0.58%. In December, the price of naphtha stopped falling and stabilized, while the price of mixed xylene increased. The cost of raw materials for ortho xylene increased, and the upward momentum of ortho xylene increased.

Downstream phthalic anhydride market stops falling and rises

According to the Commodity Market Analysis System of Shengyishe, as of December 21st, the quotation for ortho phthalic anhydride was 7475 yuan/ton, an increase of 1.01% from the price of 7400 yuan/ton on December 14th. This week, the plasticizer market has stabilized strongly, and the demand for phthalic anhydride has rebounded. The price of phthalic anhydride has risen, and the support for demand for ortho benzene has increased.

Future prospects

According to analysts from Business Society, the price of mixed xylene rebounded and increased this week, leading to an increase in the cost of adjacent xylene; The price of phthalic anhydride fluctuates and rises, the market for phthalic anhydride rebounds, and downstream demand for ortho benzene rebounds. In the future, the cost of ortho benzene has increased, demand growth has rebounded, and the ortho benzene industry chain market is favorable. It is expected that the price of ortho benzene will fluctuate slightly in the future.