SunSirs: On April 10th, the Market Situation for OX Remained Temporarily Stable
April 11 2024 09:58:28 SunSirs (John)
Price trend
On April 10th, Sinopec listed the execution price of 8,300 RMB/ton for OX, and the price was temporarily stable.
Analysis review
The external quotation of OX was consolidating strongly; The price of mixed xylene fluctuated and rose, while the cost of OX increased; The downstream PA market was strong and temporarily stable, while the downstream plasticizer market was fluctuating and stabilizing. The procurement was mainly on demand, and the transaction enthusiasm for OX was average. The production of OX was temporarily stable, and the supply of OX was stable. The OX market was strong and stable. The overall upward momentum of the OX market still existed, and the downward pressure was weakened. The overall OX market was fluctuating and stabilizing.
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