SunSirs: The price of o-Xylene is Expected to Stabilize Strongly in the Future
March 03 2023 10:02:28The latest price of o-xylene (March 1): 8300 RMB/ton will be flat in the future
Key points of analysis: the price of mixed xylene, the raw material of ortho benzene, fluctuated and increased, and the cost support was large; The price of neighboring benzene in the outer market has risen, and the price difference between the inner and outer markets of neighboring benzene is large, so the price of neighboring benzene has a strong supporting force; The downstream market of phthalic anhydride has warmed up, which has some support for o-benzene, but the rise of phthalic anhydride is less than that of o-benzene, and the support for o-benzene rise is limited.
Future forecast: cost support is sufficient, demand support is limited, and the price of ortho-xylene is expected to stabilize strongly in the future.
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