Price trend
| Benzalkonium chloride |
According to the data monitoring of business news agency, the quotation of o-benzene fell in January, while the domestic market of o-benzene fell. With the recovery of upstream and downstream market, the price of o-benzene may hit the bottom and rebound. As of January 30, Sinopec’s price of o-xylene was 4700.00 yuan / ton, down 300 yuan / ton or 6.00% compared with 2000 yuan / ton of o-xylene at the beginning of the month (January 1).
Upstream market of o-benzene
It can be seen from the price trend chart of mixed xylene that the price of mixed xylene rose sharply in January, with an increase of 9.90%. The price of mixed xylene continued to rise, the cost of o-benzene rose, the support for the rise of o-benzene was obvious, and the power of o-benzene rise increased.
Trend of downstream products
From the price trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride first fell and then rose in January. Although the price of phthalic anhydride still fell slightly, the overall market of phthalic anhydride rebounded from the bottom, the market of phthalic anhydride rebounded at the end of the month, the market of o-benzene improved, and the price of o-benzene increased.
Future forecast
Bai Jiaxin, an o-xylene data analyst of business news agency, believes that in January, the price of mixed xylene continued to rise, the cost of o-xylene increased, and the price of o-xylene fell due to the drop of phthalic anhydride price, but the pressure of o-xylene rising continued to increase; at the end of the month, the price of phthalic anhydride rebounded, the demand of o-xylene rose, the rising power of o-xylene was released, and the rising power of o-xylene increased. It is expected that o-xylene bottomed out and rebounded, and the rise in price.
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