The price of o-xylene was temporarily stable on September 15

On September 15, the price of orthobenzene was temporarily stable



It can be seen from the trend chart of the price of neighboring benzene of the business community that the price of neighboring benzene was temporarily stable on September 15. As of September 15, the price of ortho benzene was 8600 yuan/ton, up 300 yuan/ton or 3.61% from 8300 yuan/ton on September 2, and temporarily stable, up 32.31% from 8600 yuan/ton on September 14, the previous trading day. On September 14, the OX Commodity Index was 73.41, unchanged from yesterday, 26.59% lower than the highest point of 100.00 (March 07, 2013) in the cycle, and 126.29% higher than the lowest point of 32.44 on April 13, 2020. (Note: the cycle refers to 2013-02-01 to now).


Key points of the market


Recently, the price of crude oil has fluctuated and dropped, the price of mixed xylene has temporarily stabilized, and the cost of o-xylene has stabilized; The price of phthalic anhydride rose sharply, and the demand for ortho benzene recovered. The cost has stabilized and the demand has warmed up. The price of ortho benzene in the external market has fluctuated and risen. There is still great downward pressure on the domestic ortho benzene market.


Future outlook


The cost tends to be stable, and the demand recovers. The favorable situation of ortho benzene increases the downward pressure, and the ortho benzene market is strong and stable in the future.