According to the OX price trend chart of SunSirs, it can be seen that the price of OX rose this week. As of January 17, the price of OX was 6,800 RMB/ton, up 3.03% from 6,600 RMB/ton on January 10. The upstream and downstream support was strong, and the market price of the OX industry chain rose.
The price of raw material mixed xylene fluctuated and rose
According to the mixed xylene trend chart of SunSirs, it can be seen that the price of mixed xylene rose this week, an increase of 2.28%. Affected by rising crude oil prices, mixed xylene prices fluctuated upwards. The cost of OX was rising, and the driving force for the rise of OX was increasing.Downstream PA Prices Rose
It can be seen from the price chart of PA in SunSirs that the price of PA rose this week, and the market of PA recovered. Since mid-December, the price of PA has been rising all the way. The downstream sentiment picked up, the demand for OX increased, and the driving force for the rise of OX increased.
Market outlook
Affected by the sharp rise in crude oil prices, the price of raw material mixed xylene rose volatilely, and the price of downstream PA rose volatilely. In general, the cost of OX was rising, the demand was good, and the driving force for the rise of OX was increasing. It is expected that the price of OX will adjust strongly in the future.
