O-benzene market stable

According to the data monitoring of the business association, the settlement price of o-benzene this week was 6200 yuan / ton, which was stable compared with the settlement price in June. As of July 19, Sinopec’s price of o-xylene was 6200.00 yuan / ton, which was stable compared with the price of o-xylene of 6200 yuan / ton at the beginning of the month. Overall, the market of o-benzene remained stable.

Raw material prices fall

According to the data test of business news agency, the mixed xylene price fluctuated and fell this week, the mixed xylene market fell, the raw material price of the upstream of o-xylene fell, the o-xylene cost stabilized, and the o-xylene rising power weakened.

Lower market rebounds

According to the data test of business association, the price of phthalic anhydride is stable this week, and the market of phthalic anhydride is strong and stable. The downstream market of o-benzene is stable, the demand for o-benzene is strong, and the rising power of o-benzene still exists.

Future forecast

Bai Jiaxin, an o-xylene data analyst of business news agency, believes that the price of o-xylene mixed with xylene fell this week, the rising power of o-xylene weakened, the price of phthalic anhydride remained high and stable, and the rising power of o-xylene remained. The external quotation of o-xylene rose slightly this week, and the support for o-xylene rising was limited. On the whole, there is some support for the rise of o-benzene in the future, but the support is limited. It is expected that the price of o-benzene will be strong and stable in the future.