The high price of external market is falling, and the price of o-benzene is weak

Price trend:

 

PVA

According to the business agency data monitoring, this week, o-benzene Sinopec contract quotation is stable. As of August 24, Sinopec has offered 4400.00 yuan / ton of o-xylene in East China and 4400 yuan / ton in North China, which is stable compared with the beginning of the month, and the market of o-xylene is temporarily stable.

 

External price of o-benzene

 

Commodity name quotation type port price time

O-xylene FOB US $584.33/t US $2020-8-21

O-xylene CFR China $535.00/t 2020-8-21

O-xylene CFR Southeast Asia $530.00/t 2020-8-21

O-xylene FOB Korea $510.00/t 2020-8-21

O-xylene FOB Amsterdam, Rotterdam and Antwerp US $434.25/t 2020-8-21

O-xylene FOB US $573.30/t US $2020-8-14

O-xylene CFR China $543.00/t 2020-8-14

O-xylene CFR Southeast Asia $535.00/t 2020-8-14

O-xylene FOB Korea $518.00/t 2020-8-14

O-xylene FOB Amsterdam, Rotterdam and Antwerp US $448.00/t 2020-8-14

O-xylene FOB Gulf of Mexico US $573.30/t 2020-8-7

O-xylene CFR China $525.00/t 2020-8-7

O-xylene CFR Southeast Asia $520.00/t 2020-8-7

O-xylene FOB Korea $500.00/t 2020-8-7

O-xylene FOB Amsterdam, Rotterdam and Antwerp US $460.00/t 2020-8-7

O-xylene FOB US $551.25/t US $2020-7-31

O-xylene FOB Amsterdam, Rotterdam and Antwerp US $460.00/t 2020-7-31

O-xylene CFR China $538.00/t 2020-7-30

O-xylene CFR Southeast Asia $525.00/t 2020-7-30

O-xylene FOB Korea $510.00/t 2020-7-30

O-xylene FOB Amsterdam, Rotterdam and Antwerp US $460.00/t 2020-7-30

PVA 1788 (PVA BP17)

It can be seen from the external price of o-xylene that the external price of o-xylene fluctuated and adjusted in August, rising first and then falling on the whole, and the external price of o-xylene reached its peak on August 14. Overall, the external price of o-benzene this week remained stable with that in early August. The overall external market for domestic o-benzene market favorable weakened.

 

Future forecast:

 

According to Bai Jiaxin, an o-xylene data analyst at the business club, the external price of o-xylene fell last week, the upward momentum of o-benzene weakened, and the favorable influence of the international market on the domestic market disappeared, and the pressure on the decline of o-benzene was greater. Generally speaking, the market of o-benzene in the future market has a great downward pressure and a lack of upward momentum.

PVA 1799 (PVA BF17)