1、 Price trend:
According to the data monitoring of the business agency, the quotation of Sinopec orthobenzene contract was stable this week, while that of orthobenzene was stable this week. As of April 17, the contract price of o-xylene Sinopec was 4200.00 yuan / ton, up 400 yuan / ton or 10.53% compared with 3800.00 yuan / ton at the beginning of the week. The price is 37.31% lower than that of the same period last year. The market of orthobenzene has recovered.
2、 Market analysis:
After a period of bottoming rebound, the price of mixed xylene stabilized this week. As a whole, the price of raw materials of o-xylene rose this week, the cost of o-xylene rose, the momentum of o-xylene rising was great, which was good for the market of o-xylene. However, the price of mixed xylene tends to be stable, and the increase of o-benzene weakens.
| PVA |
Since April, the market of phthalic anhydride has recovered, and after 14 days, the price of phthalic anhydride began to rebound in retaliation. However, in terms of market demand, the phthalic anhydride market is stagnant, the downstream demand has not seen explosive growth, and the increase of ortho benzene market is limited.
3、 Future forecast:
According to Bai Jiaxin, data analyst of o-xylene of the business association, the domestic market has started gradually, the domestic demand has grown steadily, and the demand for o-xylene has picked up. However, due to the retaliatory rebound of phthalic anhydride price, the growth rate is too fast, which has certain harm to the rising of the market of ortho benzene in the future, and the driving force of the rising of ortho benzene in the future is insufficient. It is expected that the market of orthobenzene in the future will be mainly stable.
| POLYVINYL ALCOHOL |