Orthobenzene market remained stable
|Azodicarbonamide (AC foaming Agent)|
According to the data monitoring of business society, since the price of orthobenzene rose slightly in early May, the price of orthobenzene remained stable for two and a half consecutive months. In August, the price of orthobenzene rose again, and the market of orthobenzene finally rose. In August, the listing price of o-benzene was 6300 yuan / ton, an increase of 100 yuan / ton or 1.61% over the listing price of 6200 yuan / ton in July.
The price of raw materials fluctuated and stabilized
According to the data test of business society, since July, the price of mixed xylene has first increased and then decreased, the overall mixed xylene market has stabilized, the price of raw materials in the upstream of o-benzene has stabilized, and the rising power of o-benzene market still exists, and the downward pressure has weakened.
The downstream market continued to rise
According to the data of business society, the price of phthalic anhydride rose continuously in July, and the phthalic anhydride market warmed up sharply. The downstream market of ortho benzene rose, the demand for ortho benzene warmed up, the demand for ortho benzene was strong, and the rising power of ortho benzene increased.
Bai Jiaxin, a data analyst of o-xylene in business society, believes that since May, the high price shock of mixed xylene has stabilized, the cost of o-xylene is stable, and the driving force for the rise of o-xylene is still weak; In July, the downstream phthalic anhydride market rose sharply, the downstream demand for o-benzene warmed up, and the downstream rising power of o-benzene increased. Overall, the recovery of downstream demand stimulated the rise of orthobenzene market, and the price of orthobenzene finally rose in August.