June 13, 2023 Mixed xylene domestic market dynamics

    In terms of crude oil, there is disagreement within OPEC+ on the need for further production cuts, with Saudi Arabia announcing an additional 1 million barrels per day of production cuts in July; June overseas travel season, boost gasoline demand, crude oil demand increased steadily, oil prices are strong; Investors for the Federal Reserve meeting wait-and-see sentiment and other multiple negative factors led to pressure on oil prices, international crude oil closed sharply on Monday, under the influence of macro sentiment, the focus of bulk product prices continue to move down, product profits all the way down, industrial link profits bleak, mixed xylene prices fell slightly.

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