First, the price trend:
According to the data of the business community, the price of ortho-benzene was stable this week. On September 7th, the price of o-xylene was 7,837.50 yuan/ton, which was stable compared with the price of o-xylene (OX) of 7,837.50 yuan/ton on September 1, up 31.60% year-on-year.
Second, the market analysis:
Product:
This week, the inventory of phthalene in the East China Port remained at a low level. As of September 7, the inventory of Huadong Port was about 30,000 tons. The price of phthalate external disk fell. On September 6, the European market for o-xylene market was quoted at US$1005.00/ton FOB Amsterdam, Rotterdam and Antwerp. The price of US$1010/ton was lower than that of the previous week. The price dropped by US$5/ton. The price of phthalate external disk fell slightly, the cost of imported ortho-benzene decreased, and the price of imported ortho-benzene remained stable. The price of imported ortho-benzene was stable, and the pressure on domestic prices of o-xylene was alleviated, but the growth of demand for o-benzene was limited, the growth of o-benzene was unable to support, and the risk of falling benzene was increased.
| Thiourea |
The mixed methanol price fluctuated this week, and the cost of o-xylene rose. On September 7th, the price of mixed xylene was 6,763.36 yuan/ton, which was higher than the price of 1,666.36 yuan/ton at the beginning of the week (September 3), and the price rose by 2.60%. The price of mixed xylenes increased, the cost of o-xylene increased, and the growth of o-benzene market supported.
Third, the market outlook:
Baijiaxin, an analyst of the o-xylene data of the business community, believes that the price of the phthalate external disk has fallen, the price of the neighboring benzene in the port has remained high, and the low benzene stock in the port has played a positive role in maintaining the domestic benzene high market. At the same time, the price of mixed benzene in domestic benzene raw materials rose, and the cost of benzene increased, which was good for the price increase of benzene. The inventory of phthalate in the port is at a low level, and the price of phthalate external disk is difficult to decline in the short term. The market for benzene growth is stronger, but the demand for benzene is less, and the room for benzene growth is limited. It is expected that the price of ortho-benzene will be stable and the market for ortho-benzene will remain stable.