Price trend

On December 20th, Sinopec listed the execution price of 7,600 RMB/ton for OX, and the price was temporarily stable.

Analysis review

The external quotation of OX fluctuated and consolidated; the price of mixed xylene fluctuated and stabilized, while the cost of OX stabilized; The downstream PA market fluctuated and consolidated, while the downstream plasticizer market fluctuated and stabilized. The procurement was mainly on demand, and the enthusiasm for OX transactions was average. The low starting point of OX production was temporarily stable, the supply of OX was temporarily stable, and the OX market was temporarily stable.

Market outlook

Overall, there was still upward momentum in the OX market, and downward pressure had weakened. The OX market will stabilize in the future.

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