The price of o-xylene stabilized this week

It can be seen from the trend chart of ortho xylene price of the business community that as of November 18, the price of ortho xylene was 9000 yuan/ton, which was stable compared with the price of ortho xylene on November 11 last weekend. The bad news of the o-xylene industry chain has weakened, and the domestic market for o-xylene has stabilized.

Raw material mixed xylene market rose sharply this week

It can be seen from the mixed xylene price trend chart of the business community that the mixed xylene price rose in shock this week. As of November 18, the price of mixed xylene was 8100 yuan/ton, up 1.00% from 8020 yuan/ton on November 11. The price of mixed xylene rose this week, the cost of ortho xylene rose, and the downward pressure of ortho xylene weakened and the upward momentum increased.

The price of phthalic anhydride held steady this week

It can be seen from the phthalic anhydride price trend chart of the business community that the domestic phthalic anhydride price of neighboring France was stable this week. As of November 18, the phthalic anhydride price of neighboring France was 9150 yuan/ton, which was stable compared with the price of 9150 yuan/ton on November 11. This week, the price of orthophthalic anhydride stopped falling and became stable, downstream demand remained stable, and the downward pressure on orthoxylene weakened.

Future outlook

The analysts of ortho xylene data from the business community believed that there were many negative effects on the ortho xylene industry chain in the early stage, and the ortho xylene price fell continuously. The price of mixed xylene rose this week, the price of phthalic anhydride remained stable, and the bad news of ortho xylene market weakened. It is expected that the price of ortho xylene will become stable in the future.