The price of o-xylene rose on March 1

The price of o-xylene rose on March 1

 

POLYVINYL ALCOHOL

According to the price trend chart of ortho-xylene of the business community, the price of ortho-xylene was 8300 yuan/ton as of March 1, up 3.75% from 8000 yuan/ton on the previous trading day. The cost of raw materials supported the recovery of demand, and the domestic ortho-xylene market rose on March 1.

 

Analysis points

 

The price of mixed xylene, the raw material of o-benzene, fluctuated and increased, and the cost was greatly supported; The price of neighboring benzene in the outer market has risen, and the price difference between the inner and outer markets of neighboring benzene is large, so the price of neighboring benzene has a strong supporting force; The downstream market of phthalic anhydride has warmed up, which has some support for o-benzene, but the rise of phthalic anhydride is less than that of o-benzene, and the support for o-benzene rise is limited.

 

Future prospects

 

With sufficient cost support and limited demand support, the price of ortho-xylene is expected to stabilize strongly in the future.

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