View on price trend of o-xylene on October 20

On October 20, the price of orthobenzene was strong and stable

According to the data monitoring of business society, the quotation of o-xylene on the 20th maintained the price on the 18th, and the strong market of o-xylene still exists. As of October 20, the listed executive price of orthobenzene Sinopec was 6900 yuan / ton, an increase of 300 yuan / ton or 4.55% over the price of orthobenzene last week; Compared with the listing price of 6500 yuan / ton in September, it rose by 6.15%, and the adjacent benzene market was still strong in October.

Overview of industrial chain Market

According to the monitoring data of business society, the ox industrial chain index on October 19 was 68.81, up 0.65 points from yesterday, down 33.78% from the highest point 103.91 in the cycle (January 14, 2013), and up 98.07% from the lowest point 34.74 on April 7, 2020. (Note: the period refers to the period from January 1, 2013 to now). In October, the index of ortho benzene industrial chain continued to rise, and the market of ortho benzene industrial chain remained strong.

According to the monitoring data of business agency, the prices of o-xylene industry chain rose in October, the price of raw material mixed xylene rose by 17.75%, the price of raw material rose sharply, and the cost of o-xylene rose; The downstream phthalic anhydride market rose, phthalic anhydride rose by 11.97% in October, the downstream market rose, the demand for orthobenzene rose, and the industrial chain market rose strongly.

Market Overview

According to the monitoring of business society, mixed xylene continued to rise on the 20th, the cost of o-xylene was high, the price of phthalic anhydride continued to rise, and the downstream market of o-xylene was good. Generally speaking, the upstream and downstream markets rose together, and the market of o-xylene remained strong.