The price of o-xylene fell this week
Polyglutamic acid |
It can be seen from the trend chart of ortho xylene price of the business community that as of November 11, the price of ortho xylene was 9000 yuan/ton, down 300 yuan/ton, or 3.23%, from the price of 9300 yuan/ton on November 4 last weekend. The price decline of the domestic ortho xylene market remains unchanged.
Raw material mixed xylene market fell first and then rose this week
It can be seen from the mixed xylene price trend chart of the business community that the mixed xylene price continued to decline this week. As of November 11, the price of mixed xylene was 8020 yuan/ton, down 1.84% from 8170 yuan/ton on November 4; The price of mixed xylene increased by 0.25% compared with 8000 yuan/ton on November 10. The decline of mixed xylene remained this week, but crude oil rose at the weekend, mixed xylene rebounded and rose, and the downward pressure on ortho xylene weakened.
The downward trend of phthalic anhydride price remains this week
It can be seen from the trend chart of phthalic anhydride price of the business community that the domestic phthalic anhydride price of neighboring France remained declining this week. As of November 11, the quotation of phthalic anhydride of neighboring France was 9150 yuan/ton, down 3.05% from the price of 9437.50 yuan/ton on November 4. This week, the price of phthalic anhydride in ortho phthalic acid still fell, the cost dropped, and ortho xylene fell under great pressure.
Future outlook
Analysts of ortho xylene data from the business community believe that the price decline of phthalic anhydride remains this week, mixed xylene has stopped falling and rebounded, the cost of ortho xylene has rebounded due to weak demand for ortho xylene, and the downward pressure on ortho xylene remains. It is expected that the price of ortho xylene will be weak and stable in the future.
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