SunSirs: The O-xylene Market was Temporarily Stable on April 4
April 04 2023 11:15:27On April 3, the commodity price index between OX and phthalic anhydride was 101.38, the same as yesterday, down 7.53% from the highest point in the cycle of 109.64 points (2022-06-26), and up 66.17 points from the lowest point of 61.01 points on November 18, 2020 %. (Note: The cycle refers to 2013-01-01 to the present). The downstream phthalic anhydride market stabilized, the price of phthalate stabilized, and the downward pressure on the OX market outlook remained weak.
On April 4, the o-benzene market in East China was temporarily stable, and Sinopec East China quoted 8,600 RMB/ton, and the quotation stabilized; The benzene market is temporarily stable, and PetroChina's execution price is 8,450 RMB/ton, and the price is stable; the ortho-xylene market in South China is temporarily stable, and Sinopec's price in South China is 8,600 RMB/ton, and the price is stable. The market transaction price is temporarily stable. The actual transaction price is based on negotiation.
On April 4th, Sinopec's listing price of phthalate was 8600 RMB/ton, the price was temporarily stable, and the quotation of phthalate in the external market fluctuated and stabilized; the price of mixed xylene fluctuated and rose, and the cost of phthalate rose; the downstream phthalic anhydride market stabilized, and the downstream plasticizer market Rebound adjustment, rigid demand is the main focus, the enthusiasm for o-benzene transactions is average, the start-up of o-xylene is low, the inventory of o-benzene ports is low, the supply of o-benzene is normal, and the o-benzene market is stabilizing. Overall, the upward momentum of the o-benzene market has weakened and the downward pressure still exists, and the o-benzene market will stabilize in the market outlook.
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