The price of o-benzene rose on February 7
| Sodium Molybdate |
According to the data monitoring of business agency, the average quotation price of o-xylene on February 7 was 7400 yuan / ton, up 4.23% from the listing price of o-xylene Sinopec of 7100 yuan / ton on January 28 of the previous trading day. The adjacent benzene market rose strongly.
Key points of analysis
During the Spring Festival, the price of crude oil rose sharply, the price of mixed xylene rebounded and rose, and the cost of o-benzene rose; The price of phthalic anhydride fluctuated and rose, and the demand for phthalic anhydride was strongly adjusted. The rising cost and demand are stable, the driving force for the rise of orthobenzene is increased, the external price of orthobenzene is increased, the price difference between domestic and foreign orthobenzene is increased, which is more favorable to the domestic orthobenzene market.
Future forecast
The cost increases, the price difference at home and abroad increases, the benefit of adjacent benzene increases, and the market of adjacent benzene rises strongly in the future.
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