SunSirs: The Industrial Chain Market Recovered, and the Price of OX Rose This Week
February 24 2023 13:25:09 SunSirs (John)
The price of OX rose this week
According to the price trend chart of OX of SunSirs, the price of OX was 8,000 RMB/ton as of February 23, up 2.56% from the price of 7,800 RMB/ton on February 16. The market of OX industry chain recovered, and the domestic OX market rose.
The market of raw material mixed xylene rose this week
It can be seen from the price trend chart of mixed xylene of SunSirs that as of February 23, the price of mixed xylene was 7,370 RMB/ton, up by 0.68% from the price of mixed xylene at7,320 RMB/ton on February 16; and it was down 1.07% from 7,450 RMB/ton on February 1. This week, the crude oil price fell back from high point, the price of petroleum naphtha rose in shock, the price of mixed xylene rose, the cost of OX rose, and OX had a strong upward momentum, and the downward pressure remained.
The downstream PA market rose this week
It can be seen from the price trend chart of PA of SunSirs that the price of PA of OX process was 8,312.50 RMB/ton as of February 23, up 0.30% from the price of 8,287.50 RMB/ton on February 16. Downstream demand rose slowly, the market of OX method PA recovered, and OX had a strong upward momentum.
Market outlook
According to the analyst of OX data of SunSirs, the market of the upstream and downstream of the OX industry chain warmed up this week, the price of mixed xylene rose, and the price of PA rose. The cost of OX rose and the demand recovered. It is expected that the price of OX will be strong and temporarily stable in the future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
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- 2024-03-14 SunSirs: Cost Reduced and Demand Was Weak, the Downward Pressure on OX Was Significant
- 2024-03-06 SunSirs: The Price of OX Increased in February, But the Support for the Increase in OX in March Was Insufficient
- 2024-02-21 SunSirs: On February 20th, the Market for OX Was Temporarily Stable
