Orthoxylene prices fluctuated and rose this week

According to the price trend chart of ortho xylene of the business agency, as of March 20, the price of ortho xylene was 8500 yuan/ton, up 2.41% from 8300 yuan/ton on March 1. The ortho xylene industry chain is in a stalemate, and the domestic ortho xylene market has fluctuated and risen this week.

The market of raw material mixed with xylene fluctuated and fell this week

As can be seen from the price trend chart of mixed xylene of the business agency, as of March 20, the price of mixed xylene was 7370 yuan/ton, a decrease of 2.51% compared to the price of 7560 yuan/ton of mixed xylene on March 10; The price of mixed xylene decreased by 1.07% compared to 7450 yuan/ton on March 1. In March, the price of mixed xylene rose first and then fell. This week, the price of mixed xylene fell, and the upward momentum of orthoxylene weakened. The downward pressure increased.

Downstream phthalic anhydride market stopped rising and fell this week

As can be seen from the price trend chart of phthalic anhydride of the business community, as of March 20, the quotation for phthalic anhydride of ortho phthalic anhydride was 8700 yuan/ton, an increase of 1.90% compared to the price of phthalic anhydride of ortho phthalic anhydride of 8537.50 yuan/ton on March 10; Compared to the price of 8450 yuan/ton on March 1, the increase was 2.96%. This week, the price of ortho phthalic anhydride stopped rising and fell back, while the market for phthalic anhydride remained stagnant and stabilized, while support for the rise of ortho xylene remained.

Future prospects

Analysts from the business news agency Orthoxylene Data believe that this week, the market in the upstream and downstream of the Orthoxylene industry chain stopped rising and remained stagnant. The price of mixed xylene fluctuated and fell, while the price of phthalic anhydride stopped rising and fell. The support for Orthoxylene growth weakened and the downward pressure increased. In the future, the demand support for the decline in the cost of orthoxylene remains, and it is expected that the price of orthoxylene will stabilize in the future.