The price of orthobenzene remained stable this week

According to the data monitoring of business society, the quotation of o-xylene was temporarily stable this week. As of November 19, Sinopec’s listed executive price was 7200 yuan / ton, which was stable compared with the price of o-xylene last week. The adjacent benzene market was temporarily stable this week.

The price of raw materials fluctuated and fell

According to the monitoring data of business society, this week, the trend of mixed xylene, a raw material of ortho benzene, continued its weakness in the early stage, and the price of mixed xylene fluctuated and fell, down 3.94%. The price of raw materials decreased and the cost of o-xylene decreased; The downward pressure on the price of orthobenzene increased.

The downstream market fell sharply

According to the monitoring data of business society, this week, the phthalic anhydride market continued the previous decline, the phthalic anhydride price fell sharply, down 4.76%, the phthalic anhydride market fell, the downstream market of orthobenzene fell, the demand for orthobenzene decreased, the rising power of orthobenzene weakened, the downward pressure increased, and the orthobenzene market weakened.

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 sharply this week, the cost of o-benzene fell, the demand fell, the rise of o-benzene was not supported, and the downward pressure increased. It is expected that in the future, the price of o-xylene will mainly be adjusted weakly.