1、 Price summary of xylene on May 4:

Qingdao refinery offers 7300 RMB/ton, Shijiazhuang Refinery offers 7150 RMB/ton,

Jiujiang Petrochemical offers 7500 RMB/ton, and Yangba offers 7350 RMB/ton,

Guangzhou Petrochemical quoted 7500 RMB/ton, Maoming Petrochemical quoted 7450 RMB/ton,

Changling refinery offers 7600 RMB/ton,

Xinhai Petrochemical offers 7500 RMB/ton and Hongrun Petrochemical offers 7400 RMB/ton.

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the EU has formulated a plan to gradually stop importing Russian oil, which has aroused widespread concern in the market and led to a sharp rise in oil prices.

Today, Xinhai Petrochemical raised the price of xylene by 100 RMB/ton.

Crude oil soared and cost support strengthened; Gasoline prices rise, and downstream mining and compensation are expected to improve; Combined with the rise of Sinopec's price, the spot market actively followed the rise.

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