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SunSirs: Views on the Trend of OX on August 3

August 04 2022 08:33:57     SunSirs (John)

Price trend

According to the OX price chart of SunSirs, it can be seen that the price of OX was temporarily stable on August 3. As of August 3, the price of OX was 8,000 RMB/ton, down 3.61% from the 8,300-RMB/ton price of OX on July 31 at the end of last month. The price of OX fell this week. On August 3, the price of OX was temporarily stable, and the market of OX was weak and stabilized.

Analysis review

Crude oil prices fluctuated and fell, mixed xylene prices fluctuated and fell, and the cost of OX fell; PA prices stopped falling and rose, and the demand for OX was temporarily stable.

Costs fell, demand was stable, the price of OX fluctuated and fell, and the price difference of OX at home and abroad still existed, which was good for the domestic OX market, and the downward pressure was weakened.

Market outlook

The costs fell, demand was stable, the OX was still good, the downward pressure was weakened. The market outlook of OX is weak and temporarily stable.

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