Price trend
On December 5th, the OX market in East China remained stable, with Sinopec East China quoting 7,500 RMB/ton, which remained stable; The market situation for OX in North China was temporarily stable, with Sinopec North China quoting 7,500 RMB/ton, which remains stable; The market situation of adjacent xylene in the Northeast region was temporarily stable, with PetroChina executing a quotation of 7,350 RMB/ton, and the quotation remained stable; The market situation for OX in South China w temporarily stable, with Sinopec South China quoting 7,500 RMB/ton, which remaine stable. The market transaction price was temporarily stable. The actual transaction price was mainly negotiated.
Analysis review
On December 5th, Sinopec listed and executed a price of 7,500 RMB/ton for OX, with prices temporarily stable. The external quotation for OX fluctuated and consolidated; The price of mixed xylene fluctuated and stabilized, while the cost of OX stabilized; The downstream PA market was fluctuating and stabilizing, while the downstream plasticizer market was fluctuating and rising. The demand for essential procurement was mainly high, and the transaction enthusiasm for OX was average. The low starting point of OX was temporarily stable, and the supply of OX wa temporarily stable. The OX market was temporarily stable.
Market outlook
The overall upward momentum of the OX market still exists, and the downward pressure has weakened. The OX market will remain stable in the future.
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