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SunSirs: Domestic Market Dynamics of Xylene on June 22
June 23 2022 08:44:12()

1、 Price summary of xylene on June 21:

Qingdao Refining & Chemical Co., Ltd. offers 8300 RMB/ton, and Shijiazhuang Refining & Chemical Co., Ltd. offers 8150 RMB/ton,

Jiujiang Petrochemical offers 8500 RMB/ton, and Yangba offers 8350 RMB/ton,

Guangzhou Petrochemical offers 8700 RMB/ton, Maoming Petrochemical offers 8700 RMB/ton,

Changling Refining & Chemical Co., Ltd. offers 8500 RMB/ton,

Xinhai Petrochemical offers 8350 RMB/ton.

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the market believes that the demand for fuel oil is still strong, and the rebound of the U.S. stock market drives the oil price up slightly.

Today, Sinopec East China  xylene was reduced by 100 RMB/ton.

The center of gravity of  xylene rose slightly, boosted by the rise of crude oil and external market. Gasoline rebounded slightly, PX demand was poor, and the downstream followed up on the high priced mixed xylene.

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