In April, the price of orthobenzene fell continuously
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According to the price trend chart of o-xylene in business society, the price of o-xylene fell sharply twice in April, and the price of o-xylene fell by 800 yuan / ton in April. The decline was 8.89%. On April 29, the price of o-benzene was 8200 yuan / ton. In April, the demand for orthobenzene was weak, and the orthobenzene market fell sharply.
Mixed xylene prices fluctuated and fell in April
According to the trend chart of mixed xylene in business society, the price of mixed xylene fluctuated and adjusted in April, and the overall mixed xylene market fell. As of April 29, the price of mixed xylene was 7330 yuan / ton, down 6.74% from 7860 yuan / ton on April 1 at the beginning of the month. In April, the price of mixed xylene fell, the cost of o-xylene fell, and the downward pressure of o-xylene increased.
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Downstream phthalic anhydride prices continued to fall
As can be seen from the price trend chart of phthalic anhydride in business society, the price of phthalic anhydride continued to decline in April. As of April 29, the price of phthalic anhydride was 8137.50 yuan / ton, down 6.87% from 8737.50 yuan / ton on April 1 at the beginning of the month. In April, the price of phthalic anhydride fell, the demand for o-xylene was weak, and the pressure of o-xylene decline was great.
Outlook
Analysts of o-xylene data of business society believe that the price of mixed xylene fell in April and the raw material cost of o-xylene fell; The price of downstream phthalic anhydride fell, the demand for o-benzene was weak, and the pressure of o-benzene decline increased. In general, the cost of orthobenzene decreased, the demand was weak, and the price of orthobenzene fell sharply. In the future, the crude oil price remains high, the decline space of ortho xylene raw materials is limited, the resumption of work and production is less than expected, and the downstream demand is weak. It is expected that the price of ortho xylene will fluctuate and decline slightly in the future.
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