On June 1, the price of orthobenzene rose strongly
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According to the monitoring data of the business agency, the average quoted price of o-xylene on June 1 was 8800 yuan / ton, an increase of 200 yuan / ton or 2.33% compared with 8600 yuan / ton on May 31 of the previous trading day, and an increase of 7.32% compared with 8200 yuan / ton listed by Sinopec on May 1 at the beginning of the month. The industrial chain market is good, and the adjacent benzene market is rising strongly.
Key points of analysis
The crude oil price was adjusted at a high level, the mixed xylene price fluctuated and rose, and the cost of o-benzene rose; The price of phthalic anhydride fluctuated and rose, and the demand for phthalic anhydride recovered. The demand for rising costs has warmed up, the driving force for the rise of adjacent benzene is large, and the downward pressure is still there. The external price of adjacent benzene fluctuates and rises, and the price difference of adjacent benzene at home and abroad is large. The positive impact on the domestic market of adjacent benzene increases, and the downward pressure is weakened.
Aftermarket forecast
The demand for rising costs recovered, the positive effect of neighboring benzene increased and the downward pressure weakened, and the market of neighboring benzene rose strongly in the future.
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