SunSirs: On May 18, The o-Xylene Market was Temporarily Stable
May 19 2023 10:49:02The downstream phthalic anhydride market fluctuated and consolidated, and the price of ophthalmic benzene stabilized temporarily. The downward pressure on the OX market in the future market increased and the upward momentum weakened.
On May 18, the o-benzene market in East China was temporarily stable, and Sinopec East China quoted 8,100 RMB/ton, and the quotation remained stable; The benzene market is temporarily stable, and PetroChina's execution price is 7,950 RMB/ton, and the price is stable; the o-xylene market in South China is temporarily stable, and Sinopec's price in South China is 8,100 RMB/ton, and the price is stable. The market transaction price is temporarily stable. The actual transaction price is based on negotiation.
On May 18, Sinopec's listing price of o-benzene was 8,100 RMB/ton, and the price remained stable. The external quotation of o-xylene stabilized; The market of plasticizers fluctuated and stabilized, and the demand was mainly rigid. The enthusiasm for the transaction of o-benzene was average. 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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