Strong upstream and downstream support, and the price of orthobenzene rose this week

The price of orthobenzene rose this week

 

Polyglutamic acid

As can be seen from the price trend chart of orthobenzene in business society, the price of orthobenzene rose this week. As of January 17, the price of orthobenzene was 6800 yuan / ton, up 3.03% from 6600 yuan / ton on January 10. The upstream and downstream support was strong, and the market of orthobenzene industrial chain rose.

 

The price of raw material mixed xylene fluctuated and rose

 

According to the trend chart of mixed xylene in business society, the price of mixed xylene rose by 2.28% this week. Affected by the rise of crude oil price, the price of mixed xylene fluctuated and rose. The cost of o-xylene increases, and the driving force of o-xylene increases.

 

Downstream phthalic anhydride prices rise

 

It can be seen from the phthalic anhydride price trend chart of business society that the phthalic anhydride price rose this week and the phthalic anhydride market recovered. Since mid December, the price of phthalic anhydride has fluctuated all the way. The downstream market recovered, the demand for o-xylene increased, and the driving force for the rise of o-xylene increased.

 

Outlook

 

Affected by the sharp rise in crude oil price, the price of raw material mixed xylene fluctuated and the price of downstream phthalic anhydride fluctuated and rose. Overall, the cost of o-xylene is rising, the demand is good, and the driving force of o-xylene rise is increased. It is expected that the price of o-xylene will be strongly adjusted in the future.

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