1、 Price trend:

According to the data monitoring of business agency, the quotation of o-xylene Sinopec contract was stable and o-xylene market was stable in December. As of December 27, the contract price of o-xylene Sinopec was 6200.00 yuan / ton, which was stable compared with the price of 6200.00 yuan / ton at the beginning of the month. The price is 12.68% lower than that of the same period last year.

2、 Market analysis:

Product analysis

In December, the price of benzene was slightly fluctuating and rising. On December 20, the price of benzene in China was 785 US dollars / ton, 32 US dollars / ton higher than 753 US dollars / ton at the beginning of the month. The price of benzene in South Korea and Southeast Asia was 10 US dollars / ton higher. In December, the external price of ortho benzene rose, the import price of ortho benzene rose, the port price of ortho benzene rose, the port inventory is still at a low level, and the future market of ortho benzene has a certain positive momentum.

Factor analysis of industrial chain

In December, the price of mixed xylene fell sharply, and the overall price fell 6.01% in December. The price of raw materials mixed with xylene fell in December, the cost of o-benzene fell, and the market of mixed xylene p-o-benzene was negative.

In December, the price of phthalic anhydride rose first and then fell. The market fluctuated and adjusted, and the overall price of phthalic anhydride was negative. In terms of plasticizers, the price of DOP rose slightly in December, but the overall start-up of plasticizers was limited and the demand was general. In December, the market of phthalic anhydride, plasticizer and other downstream products fell in shock, which was negative for ortho benzene market, while the downward pressure on ortho benzene market increased and the upward momentum weakened.

3、 Future forecast:

According to Bai Jiaxin, data analyst of o-xylene of business association, in December, the price of o-xylene raw materials mixed with xylene fell in shock, the cost of o-benzene fell, and the market of o-benzene was negative; in terms of demand, the market of phthalic anhydride fell in shock, the market of o-benzene was negative, the market of plasticizer was general, the downstream demand of o-benzene fell in general, and the market of o-benzene was negative; in terms of external market, the price of o-benzene in external market slightly shocked Swing up, low port inventory, good for domestic market of neighboring benzene. To sum up, in December, the market of o-xylene was more bearish and less favorable, while the future market of o-xylene was under more downward pressure.

The future market should focus on: the price trend of downstream phthalic anhydride and plasticizer. Attention can be paid to: o-benzene cost and o-benzene outer disk.