The price of ortho xylene has stabilized this week

According to the Commodity Market Analysis System of Business Society, as of February 5th, the price of ortho xylene was 8000 yuan/ton, which is temporarily stable compared to the price of ortho xylene on January 26th, which was 8000 yuan/ton. The price of raw material mixed xylene has stopped rising and fallen, while the cost of ortho xylene has decreased; The price of phthalic anhydride is temporarily stable, downstream demand is average, and the price of ortho xylene is temporarily stable.

Raw material mixed with xylene stopped rising and fell

According to the mixed xylene commodity market analysis system of Business Society, as of February 5th, the price of mixed xylene was 7330 yuan/ton, which is a decrease of 0.81% compared to the price of mixed xylene on January 26th, which was 7390 yuan/ton. The decline in crude oil prices, coupled with the approaching year-end and the end of downstream stocking, has led to poor demand for mixed xylene, resulting in a decrease in mixed xylene prices and increased downward pressure on ortho xylene.

Future prospects

According to analysts from Business Society, the price of mixed xylene has stopped rising and fallen this week, resulting in a decrease in the cost of ortho xylene. The end of pre year stocking has led to a decrease in downstream customer purchasing enthusiasm, insufficient demand for ortho xylene, and increased downward pressure on ortho xylene. Overall, the cost of ortho benzene has decreased and the demand is not good. It is expected that the price of ortho benzene will remain weak and stable in the future.