Price trend
On July 3, the market situation of OX in East China was temporarily stable, and Sinopec East China quoted 8,100 RMB/ton, which was temporarily stable; The market situation of OX in North China was temporarily stable, and Sinopec North China quoted 8,100 RMB/ton, which was temporarily stable; The market situation of OX in Northeast China was temporarily stable, and PetroChina's executive quotation was 7,950 RMB/ton, which was temporarily stable; The market situation of OX in South China was temporarily stable, and the quotation of Sinopec South China was 8,100 RMB/ton, which was temporarily stable. The market transaction price was temporarily stable. The actual transaction price was mainly negotiated.
Analysis review
On July 3, Sinopec listed OX at a strike price of 8,100 RMB/ton, and the price was temporarily stable. The external quotation of OX was volatile and stable; Mixed xylene prices fluctuated and stabilized, and OX costs fluctuated and stabilized; The downstream PA market consolidated, the downstream plasticizer market rebounded and adjusted, the demand was strong, the enthusiasm for OX transaction was general, the OX started at a low level, the OX port inventory was low, the OX supply was normal, and the OX market stabilized.
Market outlook
In general, the upward momentum of OX market is weakened, and downward pressure still exists. The OX market is temporarily stable in the future.
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