Domestic market trends of mixed xylene on October 10

1、 Summary of prices of mixed xylene on October 9:

 

Qingdao Refining&Chemical Co., Ltd. quoted 8300 yuan/ton, Shijiazhuang Refining&Chemical Co., Ltd. quoted 8150 yuan/ton,

 

Jiujiang Petrochemical quoted 8350 yuan/ton, Yangba 8150 yuan/ton,

 

Guangzhou Petrochemical quoted 8550 yuan/ton, Maoming Petrochemical quoted 8550 yuan/ton,

 

Changling Refining&Chemical offered 8400 yuan/ton,

 

Xinhai Petrochemical quoted 8450 yuan/ton.

 

2、 Fluctuation trend:

 

3、 Analysis and comments:

 

In terms of crude oil, the OPEC+meeting decided to cut the output by 2 million barrels per day from November on the basis of that in August. The OPEC+production cut decided to benefit the crude oil market. International oil prices rose continuously during the holiday.

 

Due to the strong trend of crude oil on the cost side and tight spot supply of mixed xylene, the industry actively supported the price. However, the terminal gasoline market was slightly affected by the epidemic, and the rise was limited.

PVA