SunSirs--China Commodity Data Group

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Commodity News

SunSirs: On February 15, the Market of OX Was Temporarily Stable

February 16 2023 13:34:06     SunSirs (John)

Price trend

On February 15, Sinopec listed the executive price of OX at 7,800 RMB/ton, the price was temporarily stable, and the external quotation of OX was stable.

Analysis review

The price of mixed xylene fluctuated and adjusted, and the cost of OX stabilized; The market of PA in the downstream was stable, the market of plasticizer in the downstream was stable, the demand was just in demand, the transaction enthusiasm of OX was general, the start of OX was low, the OX inventory at port was low, the OX supply was normal, and the OX market was stable.

Market outlook

On the whole, the rising power of OX market weakened, and the downward pressure remained. The OX market will stabilize in the future.

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