Price trend

According to the data monitoring of business agency, the average price of o-benzene quotation fell this week, Sinopec East China o-benzene quotation remained stable, Sinopec North China o-benzene quotation fell back to the East China quotation level, and the overall domestic o-benzene market fell. As of December 18, Sinopec East China executed the contract price of 5500.00 yuan / ton, Sinopec North China executed the contract price of 5500 yuan / ton, and the average price of o-xylene quoted was 5500 yuan / ton, which was 1.08% lower than that at the beginning of the week (December 14) of 5560 yuan / ton of o-xylene.

Upstream market of o-benzene

From the price trend chart of mixed xylene, it can be seen that the price of mixed xylene tends to be stable after a small increase this week. This week, the mixed xylene price increases by 0.74%, and the cost of o-benzene rises slightly. With the price of mixed xylene stabilizing, the driving force of o-xylene to rise is weakened.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the price of phthalic anhydride fell sharply this week, with a decrease of 7.65%. This week, the market of phthalic anhydride was weak, the downstream demand of o-benzene was weakened, the market of o-benzene was weakened, and the bad side was increased.

Future forecast

According to Bai Jiaxin, an o-xylene data analyst at the business agency, this week, the price of mixed xylene, a raw material of o-benzene, rose slightly, the cost of o-benzene stabilized, and the driving force for the rise of o-benzene was weak; the price of phthalic anhydride fell sharply, the market of o-benzene was weak, the demand for o-benzene fell, and the good news of o-xylene weakened, and the negative effects increased. On the whole, the market performance of the industrial chain is weak, the pressure on the decline of o-benzene increases, the price of o-benzene drops, and the market of o-benzene is weak.