The price of o-xylene rose on February 20
| Thiourea |
According to the price trend chart of ortho-xylene of the business agency, the price of ortho-xylene was 8000 yuan/ton as of February 20, up 2.56% from 7800 yuan/ton on February 17. On February 20, the domestic ortho-xylene market rose.
Analysis points
The price of mixed xylene, the raw material, fell first and then rose, and the mixed xylene stabilized at a high level, and the cost of raw materials rose; The price of downstream phthalic anhydride fluctuated and rose, the market of downstream phthalic anhydride rose, the demand for o-xylene warmed up, and the rising power of o-xylene price increased and the downward pressure weakened.
Future prospects
The raw materials were consolidated at a high level, the downstream market recovered, and the demand for high cost consolidation recovered slightly. It is expected that the market of ortho-xylene will stabilize strongly in the future.
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