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

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.

Commodity name: latest price of white carbon black (March 10): 6300.00 yuan / ton

As of March 10, the mainstream price of white carbon black was about 6300 yuan / ton, and the price was mainly stable. Compared with last week, the price increased by 3.28%. The overall market was strong, the upstream price was higher, the downstream procurement was positive, the market negotiation atmosphere was acceptable, and the white carbon black market was narrow and strong.

Future forecast: the white carbon black market is expected to be strong in the short term.

441# silicon price trend

Market analysis

Driven by the pressure of raw material cost and the mismatch between supply and demand, the rise of electricity price delayed the commencement of silicon plants, and the reluctance to sell silicon plants at the supply side appeared. 441# metal silicon prices continued to rise. Today, the average price in the domestic market is 23750 yuan / ton, which has risen all the way back to the market since, with an increase of nearly 3000 yuan / ton.

With the rising price of silicon, downstream and traders have been cautious about the rising price. Recently, silicone began to cool down. The quotation of DMC was 38000 yuan / ton, the number of closed orders in the field increased, the downstream inquiry was ok, and the actual transaction operation was cautious. Polysilicon remained at a high level, with an average market price of 196000 yuan / ton. On the whole, the demand for silicon materials was stable, but the increase released by the expansion of large factories was less than expected, and the future market may rise weakly.

Future forecast

On the whole, the price of metallic silicon is rising rapidly at this stage, and the downstream has different tolerance to high prices. It is expected that the rising trend of metallic silicon will narrow and tend to be cautious in the short term.

Trade name: caprolactam

Latest price: 14033 yuan / ton

Key points of analysis: the price of caprolactam rose on March 8, up 0.98% compared with the previous trading day. As the international oil price continues to rise, the price of raw material pure benzene continues to rise. Due to excessive cost pressure, caprolactam enterprises are in a state of loss, and manufacturers have raised prices one after another. In the short term, the raw material market may continue the upward trend, and caprolactam will continue to operate under pressure. Sinopec’s high-end caprolactam quoted 14600 yuan / ton today.

Future forecast: the price of caprolactam will continue to rise in the short term.

Trade name: acetic acid

Latest price (March 7): 4322 yuan / ton

Key points of analysis: today, the price of acetic acid is up, and the average market price in East China rose by 0.93% in a single day. Last weekend, individual manufacturers in the domestic acetic acid market rose. On Monday, the industry waited and waited for the market news. The rise of upstream raw material methanol has a great impact on the rise of domestic acetic acid price. The upward adjustment range is about 50-100 yuan / ton, and the market is up. The operating rate of acetic acid industry is on the high side, the market supply is sufficient, the downstream demand is gradually restored, and the market is mainly negotiated.

Future forecast: the short-term acetic acid market may rise slightly, with specific attention to the market supply.