The price of o-xylene dropped sharply this week
| Thiourea |
It can be seen from the trend chart of ortho xylene price of the business community that as of December 5, the price of ortho xylene was 8200 yuan/ton, down 8.89% from the price of ortho xylene on November 27, 9000 yuan/ton. The upstream and downstream of the o-xylene industry chain fell together, the cost of o-xylene fell and the demand was insufficient, and the domestic market of o-xylene fell sharply.
Raw material mixed xylene market fell in shock this week
It can be seen from the mixed xylene price trend chart of the business community that the price of mixed xylene fell sharply this week. As of December 5, the price of mixed xylene was 7280 yuan/ton, down 7.14% from 7840 yuan/ton on November 27. Crude oil prices fell in shock, mixed xylene prices fell in shock, ortho xylene costs fell, and ortho xylene fell under increasing pressure.
The price of phthalic anhydride in the downstream fell due to volatility this week
It can be seen from the trend chart of phthalic anhydride price of the business community that the price of phthalic anhydride continued to decline sharply this week. As of December 5, the quotation of phthalic anhydride from neighboring France was 8400 yuan/ton, a shock drop of 4.55% from the price of 8800 yuan/ton on November 27. The price of orthophthalic anhydride dropped sharply this week, while downstream demand remained weak, and orthoxylene fell under great pressure.
Future outlook
The analysts of ortho xylene data from the business community believed that the ortho xylene manufacturers started work steadily this week and the supply of ortho xylene was sufficient. On the cost side, the price of mixed xylene fell sharply, on the demand side, phthalic anhydride continued to decline, and the demand for ortho benzene remained weak. To sum up, the cost of o-xylene fell and the demand was sluggish, and the price of o-xylene was expected to decline in the future.
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