The price of orthobenzene is still strong this week

According to the data monitoring of the business agency, the quotation of o-xylene continued to rise sharply in November. In early November, Sinopec’s listed executive price was 7200 yuan / ton, an increase of 300 yuan / ton, or 5.22%, compared with 6900 yuan / ton of o-xylene last month. The orthobenzene market is still strong this week.

The rise of the industrial chain market is no longer

According to the monitoring data of business society, the upstream and downstream of the orthobenzene industrial chain fell this week, the price of raw mixed xylene fell by 3.81%, and the price of downstream phthalic anhydride fell by 1.63%. The price of raw materials decreased and the cost of o-xylene decreased; The price of phthalic anhydride in the downstream fell, the demand for orthobenzene decreased, the rise of the industrial chain market was no longer, and the downward pressure on the price of orthobenzene in the future increased.

According to the monitoring data of the business agency, since October, the product prices of the adjacent benzene industrial chain have increased by more than 10%. The strong market of the adjacent benzene industrial chain still exists, and the future price of the adjacent benzene is mainly stable.

Market Overview

According to the monitoring of business society, the prices of mixed xylene and downstream phthalic anhydride, the raw material of o-benzene, fell this week, and the rise of o-benzene was not supported. However, the prices of mixed xylene and phthalic anhydride increased greatly in October, the prices of mixed xylene and phthalic anhydride were still high, the market strength of o-benzene industrial chain still existed, and the price of o-benzene was still strong. It is expected that the price of o-xylene will be strong and stable in the future.