The price of orthobenzene rose in September

The price of orthobenzene rose in September

According to the data monitoring of business agency, the price of ortho benzene in September was 6400 yuan / ton, up 1.59% from the listing price of 6300 yuan / ton in August, and 45.45% from the same period last year. The market of orthobenzene was strong in September.

Downstream industry chain market recovery

Sodium Molybdate

According to the data detection of business society, the phthalic anhydride industry chain index on August 31 was 75.23, up 0.23 points from yesterday, down 31.83% from the highest point of 110.35 points in the cycle (2012-09-09), and up 96.63% from the lowest point of 38.26 points on April 6, 2020( Note: the period refers to the period from December 1, 2011 to now). The phthalic anhydride industry chain index rose, the phthalic anhydride industry chain market warmed up, and the downstream of o-benzene rose strongly.

Market Overview

According to the monitoring of business agency: on September 1, the executive price of domestic orthobenzene Sinopec at the beginning of the month was 6400 yuan / ton; The price has risen. Recently, the adjacent benzene in the port area has been destocked, and the external quotation of adjacent benzene has fluctuated and stabilized. The actual transaction price is subject to negotiation, and the actual order is discussed in detail. Sinopec’s o-xylene market rose, the external quotation of o-xylene fluctuated and adjusted, and the high inventory of o-xylene in the port went to the warehouse; The price of mixed xylene stabilized and the cost of o-benzene stabilized; The downstream phthalic anhydride market fluctuated and warmed up, the plasticizer DOP market fluctuated and warmed up, the downstream market fluctuated and warmed up, the demand was just demand, and the enthusiasm of adjacent benzene transaction was general. The recovery of industrial chain market stimulated the rise of orthobenzene market, and the price of orthobenzene rose in September. Overall, the downward pressure of the adjacent benzene market is weak, and the upward momentum is increased. In the future, the adjacent benzene market is mainly strong and stable.

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