The price of o-xylene temporarily stabilized on February 14

The price of o-xylene temporarily stabilized on February 14

According to the price trend chart of ortho-xylene of the business community, the price of ortho-xylene was 7800 yuan/ton as of February 14, which was temporarily stable compared with 7800 yuan/ton of ortho-xylene on February 13; The price of o-xylene was temporarily stable compared with 7800 yuan/ton on February 1. The o-xylene industry chain has warmed up, and the domestic o-xylene market is temporarily stable.

Analysis points

The price of mixed xylene, the raw material, fell first and then rose in February, and the mixed xylene stabilized at a high level and the cost of raw materials rose; The price of downstream phthalic anhydride fell first and then rose in February. The market of downstream phthalic anhydride remained stagnant. The demand for o-xylene was temporarily stable, and the upward momentum of o-xylene price remained under downward pressure.

Future prospects

The raw materials are consolidated at a high level, the downstream market is stagnant, and the demand for rising costs recovers. It is expected that the market for ortho-xylene will stabilize in the future.