SunSirs: The O-xylene(OX) Market was Temporarily Stable on December 6
December 06 2022 13:58:01On December 6, the o-benzene market in East China was temporarily stable, and Sinopec East China quoted 8,200 RMB/ton, and the quotation was temporarily stable; The benzene market is temporarily stable, and PetroChina's executive quotation is 8,050 RMB/ton, and the quotation is stable; the ortho-xylene market in South China is temporarily stable, and Sinopec's current quotation in South China is 8,200 RMB/ton, and the quotation is stable. The market transaction price is temporarily stable. The actual transaction price is based on negotiation.
On December 6, the domestic ortho-benzene Sinopec listing execution price was 8,200 RMB/ton, and the price was temporarily stable. The market fluctuated and fell, the downstream plasticizer market was adjusted weakly, the demand was mainly rigid, the enthusiasm for the transaction of o-benzene was low, the start-up of o-xylene was low, the inventory of o-benzene ports was low, the supply of o-benzene was normal, and the o-benzene market weakened. Overall, the upward momentum of the o-benzene market is weak and the downward pressure still exists, and the o-benzene market will stabilize in the market outlook.
To sum up, the downstream phthalic anhydride market fluctuated and fell, the price of phthalate fell, and the downward pressure on the OX market in the future market weakened.
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