SunSirs: On April 25th, the Market Situation of Ortho Xylene Temporarily Stabilized

The downstream market for phthalic anhydride has stabilized, while the price of ortho xylene has stabilized. The downward pressure on OX's future market has weakened, and there is still upward momentum.

On April 25th, the adjacent xylene market in East China remained temporarily stable. Sinopec East China quoted 8800 RMB/ton, which was temporarily stable; The adjacent xylene market in North China is temporarily stable, with Sinopec North China quoting 8800 RMB/ton, which is temporarily stable; The market situation of neighboring benzene in the Northeast region is temporarily stable, with PetroChina implementing a quotation of 8650 RMB/ton, and the quotation remains stable; The adjacent xylene market in South China is temporarily stable, with Sinopec South China quoting 8800 RMB/ton, which remains stable. The market transaction price is temporarily stable. The actual transaction price is mainly negotiated.

On April 25th, Sinopec listed and implemented a price of 8800 RMB/ton for adjacent xylene, with prices temporarily stable. The external quotation for adjacent xylene fluctuated and consolidated; The price of mixed xylene is stabilizing, while the cost of ortho xylene is temporarily stabilizing; The downstream market for phthalic anhydride is stabilizing, while the downstream plasticizer market is fluctuating and consolidating. The demand is mainly in demand, and the enthusiasm for transaction of ortho xylene is average. The starting point of ortho xylene is low, and the inventory of ortho xylene ports is low. The supply of ortho xylene is normal, and the ortho xylene market is stabilizing.

Overall, the upward momentum of the ortho xylene market has weakened, and downward pressure still exists. In the future, the ortho xylene market will temporarily stabilize.

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