The price of orthobenzene rose sharply this week

According to the price trend chart of orthobenzene in business society, the price of orthobenzene rose sharply this week. As of March 11, the price of orthobenzene was 9000 yuan / ton, up 15.38% from 7800 yuan / ton on March 1 at the beginning of the month. The price of crude oil rose sharply, the price of mixed xylene rose sharply, the cost of orthobenzene rose, and the market of orthobenzene rose.

The price of raw material mixed xylene rose sharply

According to the trend chart of mixed xylene in business society, the price of mixed xylene rose sharply this week. As of March 11, the price of mixed xylene was 8750 yuan / ton, up 5.55% from 8290 yuan / ton last weekend. The price of mixed xylene rose sharply, the cost of o-xylene rose, and the driving force of o-xylene rose.

The price of downstream phthalic anhydride fluctuated and rose

POLYVINYL ALCOHOL

As can be seen from the price trend chart of phthalic anhydride in business society, the price of phthalic anhydride stabilized after rising this week. As of March 11, the price of phthalic anhydride was 9150 yuan / ton, up 7.96% from 8475 yuan / ton on March 4 last weekend. With the release of the news on the mitigation of the conflict between Russia and Ukraine, the price of crude oil plummeted and the rise of phthalic anhydride slowed down. On March 11, the price of phthalic anhydride was temporarily stable, the price of phthalic anhydride increased, the demand for o-xylene increased, and the driving force for the rise of o-xylene increased.

Outlook

Analysts of o-xylene data of business agency believe that affected by the rise of crude oil price, the price of raw material mixed xylene rose sharply this week, the price of downstream phthalic anhydride fluctuated and rose, and the positive market of o-xylene increased. As the conflict between Russia and Ukraine is expected to ease, the price of crude oil plummeted, the cost support of o-xylene weakened, the downstream demand was temporarily stable, and the rising power of o-xylene weakened. Generally speaking, the cost support of orthobenzene is weakened, and the demand power remains. It is expected that the price of orthobenzene will be strong and stable in the future.

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