OX prices temporarily stabilized this week

According to the data monitoring of SunSirs, the price of OX fell this week. As of December 13, the listed price of Sinopec's OX was 6,300 RMB/ton, which was a drop from the price of 6,600 RMB/ton on December 3 last week. 4.55%. The OX market fell weakly.

Raw material prices fell first and then rose

According to the monitoring data of SunSirs, the price of xylene, the raw material of OX, fell first and then rose this week. The xylene market stopped falling and picked up, with an increase of 0.86% this week. Raw material prices rose, and the cost of OX stopped falling to rise; the downward pressure on the price of OX had weakened, and the upward momentum still existed.

The downstream market stopped falling and stabilized

According to the monitoring data of SunSirs, the price of PA fell first and then rose this week, and the PA market fluctuated and stabilized. The price of PA remained flat this week, the market for PA stopped falling and recovered, the downward pressure of PA weakened, the demand for OX was general, and the downward pressure of OX weakened.

Market summary

According to the monitoring of SunSirs, this week, the raw material xylene of OX had recovered and the price of downstream PA had stopped falling and rebounded. The cost of OX had risen and demand had recovered. The support for the rise of OX had increased and the downward pressure had weakened. The market outlook for OX is expected to stabilize.

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