SunSirs: On April 4th, the OX Market Temporarily Stabilized
April 04 2023 13:38:10 SunSirs (John)
Price trend
On April 4th, Sinopec listed OX at an execution price of 8,600 RMB/ton, with prices temporarily stable
Analysis review
The external quotation of OX fluctuated and stabilized; The price of mixed xylene fluctuated and increased, and the cost of OX increased. The downstream market for PA stabilized, and the downstream plasticizer market rebounded and adjusted. The demand was mainly in demand, and the enthusiasm for transaction of OX was average. The production of OX was at a low level, and the inventory of OX ports was low. The supply of OX was normal, and the OX market was stabilizing. The overall upward momentum of the OX market weakened, and downward pressure still existed.
Market outlook
n the future, the OX market will stabilize.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-05-10 SunSirs: Limited Support, OX Prices Remained Stable This Week
- 2024-04-11 SunSirs: On April 10th, the Market Situation for OX Remained Temporarily Stable
- 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
