1、 Price summary of mixed xylene on June 17:

Qingdao Refining & Chemical Co., Ltd. offers 8650 yuan / ton, and Shijiazhuang Refining & Chemical Co., Ltd. offers 8450 yuan / ton,

Jiujiang Petrochemical offers 8850 yuan / ton, and Yangba offers 8650 yuan / ton,

Guangzhou Petrochemical offers 8950 yuan / ton, Maoming Petrochemical offers 8900 yuan / ton,

Changling Refining & Chemical Co., Ltd. offers 8800 yuan / ton,

Xinhai Petrochemical offers 8650 yuan / ton.

2、 Fluctuation trend:

 
3、 Analysis and comments:

In terms of crude oil, European and American countries announced interest rate hikes, which intensified the market’s concern about economic slowdown. In addition, Russia hinted that it would increase oil exports, and the high oil price fell back.

Today, Sinopec East China mixed xylene decreased by 300 yuan / ton, and Xinhai Petrochemical mixed xylene decreased by 50 yuan / ton.

Crude oil fell by a wide margin, and peripheral news was short; The domestic market demand is poor, and the downstream is generally enthusiastic about purchasing high priced mixed xylene; In addition, Sinopec lowered the price of mixed xylene, and the market fell.