SunSirs: The Price of Ortho-xylene is Expected to Stabilize in the Future
March 15 2023 10:16:56The latest price of o-xylene (March 13): 8500 RMB/ton, which will be flat in the future
Key points of analysis: the price on the 13th was 2.41% higher than the previous trading day. The price of mixed xylene tends to stabilize at a high level, while the price of raw materials of ortho-xylene is temporarily stable; The price of external market fluctuated and rose, the price difference between internal and external market was large, and the profit after the price of o-xylene rose was acceptable; The downstream price of phthalic anhydride rose, but the plasticizer market rose weakly, and the downstream rise of o-xylene was not supported enough. The transaction of o-xylene still needs to be watched.
Future forecast: the cost is temporarily stable and the downstream demand is limited. It is expected that the price of ortho-xylene will stabilize in the future.
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