Price trend

On May 17th, the execution price of Sinopec OX was listed at 8,100 RMB/ton, and the price remained stable.

Analysis review

The external quotation of OX fluctuated and fell; The price of mixed xylene fluctuated and fell, while the cost of OX fluctuated and fell. The downstream market for PA stabilized, while the downstream plasticizer market fluctuated and stabilized. The demand was mainly based on rigid demand, and the transaction enthusiasm for OX was average. The construction of OX was at a low level, and the inventory of OX at ports was low. The supply of OX was normal, and the OX market was weakly adjusted.

Market outlook

Overall, the upward momentum of the OX market has weakened, and downward pressure still exists. In the future, the OX market will stabilize.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.