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SunSirs: Domestic Market Dynamics of Xylene on July 11
July 12 2022 10:47:19SunSirs(John)

Summary of xylene prices on July 8:

The price of mixed xylene of Qingdao Refinery was 8,450 RMB/ton, the price of mixed xylene of Shijiazhuang Refinery was 8,300 RMB/ton, the price of mixed xylene of Jiujiang Petrochemical was 8,500 RMB/ton, the price of mixed xylene of Yamba was 8,350 RMB/ton, the price of mixed xylene of Guangzhou Petrochemical was 8,600 RMB/ton, the price of mixed xylene of Maoming Petrochemical was 8,600 RMB/ton, the price of mixed xylene of Changling Refinery was 8,700 RMB/ton, and the price of mixed xylene of Xinhai Petrochemical was 8,500 RMB/ton.

Fluctuation trend

Analysis and Comments:

In terms of crude oil, although the risk of a global economic recession remains, fuel oil demand is strong, and the market focus has returned to the fundamentals of tight supply.

Crude oil rose last Friday, the Asian mixed xylene continued to decline in the outer disk, and the external news was bad. The domestic market was lightly discussed, the supply of mixed xylene was tight, and the trend was stable.

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