SunSirs: On April 18th, the Market Situation of OX Temporarily Stabilized

https://www.chemnet.com   Apr 19,2023 SunSirs

　　Price trend

　　On April 18th, Sinopec listed the execution price of OX at 8,800 RMB/ton, and the price increased.

　　Analysis review

　　The external quotation of OX fluctuated and stabilized; The price of mixed xylene was temporarily stable, and the cost of OX was stabilizing. The downstream market for PA was fluctuating and stabilizing, while the downstream plasticizer market was fluctuating and consolidating. The demand was mainly on demand, and the enthusiasm for transaction of OX was average. The operating rate of OX was low, the inventory of OX ports was low, the supply of OX was normal, and the OX market was stabilizing. Overall, there was still upward momentum in the OX market, and downward pressure had weakened.

　　Market outlook

　　The market for OX will remain strong and stable in the future.

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