On September 5, the price of o-benzene rose
| POLYVINYL ALCOHOL |
It can be seen from the price trend chart of o-benzene in business club that the price of o-benzene rose on September 5. As of September 5, the price of o-benzene was 8600 yuan / ton, an increase of 300 yuan / ton or 3.61% compared with 8300 yuan / ton on September 2, the previous trading day, and a year-on-year increase of 34.38%. On September 4, the ox commodity index was 70.85, which was the same as yesterday, down 29.15% from the highest point 100.00 in the cycle (2013-03-07), and up 118.40% from the lowest point 32.44 on April 13, 2020. (Note: the period refers to February 1, 2013 to now).
Key points of the market
Recently, the price of crude oil fluctuated and fell, the price of mixed xylene fluctuated and rose, and the cost of o-xylene rose; The price of phthalic anhydride stabilized after a sharp rise, and the demand for o-benzene recovered. The rising costs and demand have warmed up, and the external price of o-benzene has fluctuated and risen, which is still a great downward pressure on the domestic o-benzene market.
Future outlook
The cost rise slowed down, the demand stabilized, the positive effect of orthobenzene weakened, and the downward pressure remained. The orthobenzene market stabilized in the future.
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