Price trends:
According to the data monitoring of business associations, this week Sinopec Neighbouring Benzene executed the quotation stably. As of July 22, the executed contract price of Sinopec o-xylene was 5900.00 yuan/ton, which was stable compared with the price of o-xylene at the beginning of the week, and 11.11% lower than that of the same period last year.
| Melamine |
II. Market analysis:
Product analysis:
As can be seen from the table above, this week’s external quotation of phenyl fell, the external quotation of phenyl in East Asia dropped by about $15 per ton, and the price of o-xylene in the United States dropped by about $22 per ton. Outside quotation fell, import cost of Phenyls fell, port inventory was low and stable, inventory consumption was slow, demand for Phenyls was general, the market for Phenyls in the future was negative. Neighbouring benzene prices in the future fall more pressure.
Factor analysis of industrial chain:
This week, mixed xylene market shocks remained stable, lack of momentum to rise. Benzene prices in the future will weaken.
| EDTA |
Downstream phthalic anhydride market volatility fell this week, the overall market bearish obvious. This week, phthalic anhydride market shocks fell, plasticizer Market Performance weakness shocks fell, downstream market fell on the neighbouring benzol Market bearish. Downward pressure on the price of o-phenyl increased.
3. Future market forecast:
According to Bai Jiaxin, an analyst of o-xylene data from business associations, the price of o-xylene has fallen sharply this week, while the price of imported o-xylene has fallen; the price of raw materials mixed with xylene has remained stable, and the overall cost of o-xylene has temporarily stabilized; the market of downstream phthalic anhydride has fallen, the market of plasticizers has fallen, and the overall enthusiasm of downstream customers for PUR Seeking to decline, the future market neighbouring benzol Market negative, downward pressure increased. The overall downstream phthalic anhydride and plasticizer Market fell, the downward pressure of phthalic anhydride and plasticizer increased, the downward trend of phthalic anhydride did not have obvious good news, and the downward trend of phthalic anhydride risk increased. However, due to the smaller downstream decline, the downward pressure on phthalic anhydride was insufficient, and the overall downward trend of phthalic anhy
| Azodicarbonamide (AC foaming Agent) |