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SunSirs: The Market of OX Was Temporarily Stable on December 7
December 08 2022 11:23:26SunSirs(John)

Price trend

On December 7, the market of OX in East China was temporarily stable. Sinopec East China quoted 8,200 RMB/ton, which is temporarily stable; The market of OX in North China was temporarily stable, and Sinopec North China offered 8,200 RMB/ton, which was stable; The market of OX in Northeast China was temporarily stable, and PetroChina's quotation was 8,050 RMB/ton, which was stable; The market of OX in South China was temporarily stable. Sinopec South China was currently offering 8,200 RMB/ton, which was stable. The market transaction price was temporarily stable and the actual transaction price was mainly negotiated.

Analysis review

On December 7, the domestic market of OX was temporarily stable, while the external quotation of OX was volatile and fell; The price of mixed xylene fluctuated and fell, and the cost of OX became weak and stable; The PA market in the downstream fell in shock, and the plasticizer market in the downstream adjusted in weakness. The demand was just in demand, and the enthusiasm for the transaction of OX was poor. The starting point of OX was low, the inventory of OX port was low, the supply of OX was normal, and the OX market was weaker.

Market outlook

On the whole, the rising power of OX market was weak, and the downward pressure remained. The OX market tends to be stable in the future.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.coma

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