The price of o-xylene rose this week

According to the price trend chart of ortho-xylene of the business community, the price of ortho-xylene was 7800 yuan/ton as of February 6, up 4% from 7500 yuan/ton on February 30. The o-xylene industry chain rose in shock, and the domestic o-xylene market rose.

The market of raw materials mixed with xylene fluctuated and rose this week

It can be seen from the mixed xylene price trend chart of the business agency that the mixed xylene price rose sharply this week. As of February 6, the price of mixed xylene was 7390 yuan/ton, up 0.96% from the shock of 7320 yuan/ton on January 29. The price of mixed xylene fluctuated and rose, and the cost of ortho-xylene rose. The downward pressure of ortho-xylene weakened and the upward momentum increased.

The price of downstream phthalic anhydride rose in shock this week

As can be seen from the price trend chart of phthalic anhydride of the business community, the price of phthalic anhydride rose in a volatile manner this week. As of February 6, the price of ortho-functional phthalic anhydride was 8187.50 yuan/ton, up 1.39% from the price of 8075 yuan/ton on January 29. Downstream demand is stable, and ortho phthalic anhydride is willing to increase its price. In the future, ortho phthalic anhydride is at risk of decline, and ortho xylene is still under pressure.

Future prospects

Analysts from the business agency ortho-xylene data believe that the demand for ortho-xylene is stable due to rising costs, and the price of ortho-xylene rose this week. In the future, the crude oil price fell, and the risk of mixed xylene decline increased; The demand for plasticizers is weak, the risk of price decline of ortho phthalic anhydride is increased, and the demand for ortho-xylene in the future is weak, and the price of ortho-xylene in the future is expected to be weak and stable temporarily.