SunSirs: The Industrial Chain Market Rose Slightly, and the Price of OX Temporarily Stabilized This Week
March 15 2023 09:39:57 SunSirs (John)
The price of OX was temporarily stable this week
According to the price trend chart of OX of SunSirs, the price of OX was 8,300 RMB/ton as of March 10, which was stable compared with the price of 8,300 RMB/ton as of March 1. The market of OX industrial chain rose slightly, and the domestic OX market temporarily stabilized this week.
The rise market trend of raw material mixed xylene stabilized this week
It can be seen from the mixed xylene price trend chart of SunSirs that as of March 10, the price of mixed xylene was 7,560 RMB/ton, up 1.48% from the price of 7,450 RMB/ton on March 1; Compared with the price of mixed xylene of 7,560 RMB/ton on March 6, it was stable. In March, the crude oil price fluctuated and consolidated at high levels, the price of petroleum naphtha fluctuated and increased, and the price of mixed xylene rose slightly. However, the price of naphtha and mixed xylene stabilized this week, and the momentum for the rise of OX weakened, but the cost support remained.
The downstream PA market rose slightly this week
It can be seen from the price trend chart of PA of SunSirs that as of March 10, the price of OX method PA was 8,537.50 RMB/ton, up 1.04% from the price of 8,450 RMB/ton on March 1; The price of OX method PA rose by 0.74% from 8,475 RMB/ton on March 6. The market of OX method PA rose slightly this week, but the price of PA stabilized, and the support for the rise of OX remained.
Market outlook
According to the analyst of OX data of SunSirs, the market in the upstream and downstream of the OX industry chain rose slightly this week, but the rising trend slowed down, the price of mixed xylene stabilized, the price of PA rose slightly in shock, and the support for the rise of OX weakened. The cost of OX is stable, and the demand support remains. In the future, the price of OX is expected to be stable.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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