Price trend
| Polyglutamic acid |
According to the data monitoring of the business agency, the price of o-benzene rose for three consecutive times this week. Under the stimulation of cost pressure and favorable downstream, the market of o-benzene rose sharply. At the end of last month, the price of o-xylene rose by 13.64% compared with the end of last month.
Upstream market of o-benzene
It can be seen from the price trend chart of mixed xylene that the price of mixed xylene rose by 2.65% this week, and the cost of o-benzene rose and the driving force of o-xylene to rise was increased.
Trend of downstream products
| gamma polyglutamic acid fertiliser(fertilizer) grade |
It can be seen from the phthalic anhydride price trend chart that the phthalic anhydride price continued to rise sharply this week, with a weekly increase of 7.54%. The phthalic anhydride market rose sharply, which was good for the o-benzene market, and the downstream demand for o-phthalic anhydride rose, and the driving force for the price rise of o-phthalic anhydride increased.
Future forecast
According to Bai Jiaxin, an o-xylene data analyst at the business club, the price of mixed xylene, raw materials and raw materials of o-xylene, rose, the cost of o-benzene rose, the price of phthalic anhydride soared this week, the downstream market of o-benzene rose, the demand for o-benzene increased, the positive effect of o-benzene increased, and the driving force of o-benzene’s rise increased. On the whole, this week, the driving force for the rise of o-benzene has increased, and the price of o-benzene has risen for three consecutive times. It is expected that the price of o-benzene will rise in the future.
| Gamma Polyglutamic Acid |