1、 Price trend:
According to the data monitoring of business agency, the quotation of o-xylene Sinopec contract was stable and o-xylene market was stable in December. As of December 31, the contract price of o-xylene Sinopec was 6200.00 yuan / ton, which was stable compared with the price of 6200.00 yuan / ton at the beginning of the month. The price is 12.68% lower than that of the same period last year.
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2、 Market analysis:
External offer
As can be seen from the table, the price of o-benzene in the external market rose sharply in December. As of December 27, the price of o-benzene in China was 789 US dollars / ton, 36 US dollars / ton higher than that of 753 US dollars / ton in November 29. The price of o-benzene in South Korea and Southeast Asia also rose slightly. In December, the external price of orthobenzene rose, the import price of orthobenzene rose, the port price of orthobenzene rose, and the port inventory is still at a low level. The overall external price rise is good for the future market of orthobenzene.
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Factor analysis of industrial chain
It can be seen from the up and down chart of o-benzene industrial chain that in December, the price of mixed xylene fell sharply, the price of o-benzene raw materials fell sharply, and the production profit of o-benzene in December was relatively high, with a large space for decline. In December, the price of phthalic anhydride remained stable, the demand for o-benzene was stable, and there was no downward pressure on o-benzene.
3、 Future forecast:
Bai Jiaxin, a data analyst at business house o-xylene, believes that the demand for o-xylene was stable in December, with little downward pressure. The price of raw materials decreased and the profit of o-benzene increased. There is a certain space for price reduction. However, the price of o-benzene remained stable in December due to the continuous increase of external quotation and the domestic o-benzene market. With the decline of plasticizer Market, phthalic anhydride market may turn stable and go down, which is bad for the future market of orthobenzene. Generally speaking, the future market of orthobenzene is mainly volatile and stable, but there is certain downward pressure.
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