1、 Price trend:
According to the data monitoring of business agency, in January 2020, the price of o-xylene Sinopec contract rose, and the price of o-xylene rose. As of January 7, the contract price of o-xylene Sinopec was 6300.00 yuan / ton, 100 yuan / ton higher than that of 6200.00 yuan / ton at the end of December. The price is 7.35% lower than that of the same period last year.
|Sulfamic acid 99.50%|
Commodity name quotation type port price time
O-xylene FOB Amsterdam, Rotterdam and Antwerp $860.00/t 2020-1-6
O-xylene CFR China 789.00 USD / ton 2020-1-3
O-xylene CFR Southeast Asia 785.00 USD / ton 2020-1-3
O-xylene FOB South Korea 758.00 USD / ton 2020-1-3
O-xylene FOB Amsterdam, Rotterdam and Antwerp $860 / T 2020-1-3
O-xylene CFR China 789.00 USD / ton 2019-12-27
O-xylene CFR Southeast Asia 775.00 USD / ton 2019-12-27
O-xylene FOB South Korea 758.00 USD / ton 2019-12-27
O-xylene FOB Amsterdam, Rotterdam and Antwerp $860.00/t 2019-12-27
As can be seen from the table, the price of o-benzene in the external market last week rose in shock. As of January 3, the price of o-benzene in China was 789 US dollars / ton, maintaining stability; the price of o-benzene in Southeast Asia was 785 US dollars / ton, 10 US dollars / ton higher than last week. In January, the external price of o-benzene rose, the price of imported o-benzene rose, the price of port o-benzene rose, and the port inventory is still at a low level. The overall external price rise is good for the future o-benzene.
Factor analysis of industrial chain
It can be seen from the comparison chart of the price trend of o-benzene and mixed xylene that after the year, the price of mixed xylene fluctuated slightly, the price of raw materials of o-benzene decreased, the price of o-benzene rose after the year, the price of o-benzene deviated from the cost, and there was no power support for the rise of o-benzene.
It can be seen from the price trend comparison chart of o-phthalic acid and phthalic anhydride that after the year, the price of phthalic anhydride was weak and stable, the price of o-phthalic acid did not rise and support, and the downward pressure of o-phthalic acid was large.
3、 Future forecast:
Bai Jiaxin, an o-xylene data analyst at the business association, thinks that after the year, the cost of o-xylene has declined and the downstream demand has not improved. Why does the price of o-xylene rise and deviate from the cost? The reasons are as follows: the external quotation is firm, and the increase of the external quotation has certain positive support for the domestic price of o-benzene; compared with the price of o-benzene in the same period of previous years, this year’s price of o-benzene is low, the profit of o-benzene manufacturers is small, and there is the power support for the price increase; near the Spring Festival, the logistics and transportation are limited, the manufacturers will prepare goods in advance, the demand will rise in the short term, and the price of o-benzene will have certain benefit Good; highway charging policy changes, transportation cost increases, etc. Generally speaking, the growth momentum of the future market is limited, and there is certain downward pressure. It is expected that the future market will be mainly volatile and stable.