First, the price trend:

According to data from business organizations, the price of ortho-benzene is stable in the near future. On August 27, the price of o-xylene was 7,837.50 yuan/ton, which was stable compared with the price of o-xylene (OX) of 7,837.50 yuan/ton on August 17, up 31.72% year-on-year.

Second, the market analysis:

Product:

This week, the inventory of phthalene in the East China Port remained at a low level. As of August 27, the inventory of Huadong Port was about 30,000 tons. The price of phthalate external disk rose. On August 27th, the European market for o-xylene market was quoted at US$1000.00/ton FOB Amsterdam, Rotterdam and Antwerp, which was up by US$30/ton over the previous week. The price of phthalate external disk rose, the cost of imported benzene increased, and the price of imported benzene increased. The price of imported ortho-benzene increased, and the domestic price of o-xylene increased under pressure. However, the demand for ortho-benzene did not increase substantially, and the growth potential of o-benzene was limited.

Industry chain:

The mixed xylene market fell first and then rose, and the cost of o-xylene decreased. On August 25, the price of mixed xylene was 6,595.45 yuan/ton, which was priced at 660.09 yuan/ton from the beginning of August (August 20). The price fell by 0.21%. The price of mixed xylene dropped, the cost of o-xylene decreased, and the momentum of rising benzene market weakened.

Third, the market outlook:

Baijiaxin, an analyst of the o-xylene data of the business community, believes that the price of phthalate external disk has risen, the price of phthalate in the port has remained high, and the stock of benzene in the port has been low, which has played a positive role in maintaining the domestic benzene high market. At the same time, the price of mixed xylene in domestic benzene raw materials decreased, the cost of ortho-benzene decreased, and the price increase of ortho-benzene was negative. The stock of benzene in the port is at a low level, and the sound of the market is soaring. The price of the adjacent benzene is hard to decline in the short term. The neighboring benzene is better. The benzene growth is stronger, but the demand for benzene is less. And because the price of ortho-benzene raw materials has decreased, the possibility of rising phthalene is reduced. It is expected that the price of phthalic acid in the market will not rise, and the market for benzene in the market will remain stable.