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[The rebound in PX processing fees is limited by abundant spot] On April 25, despite the naphtha market's expectations for gasoline consumption during the peak seasonjeffplattpokerHopes have boosted prices, and the impact of PX unit overhauls is gradually emerging, but spot supplies are still abundant, leading to a narrowing of PX-N prices this week.

According to data, the price of PX-N fell slightly this cycle. As of April 24, the average price of PX-N was 350jeffplattpokerUS$.54/ton, a decrease of US$1.05/ton compared with the previous cycle.

At the same time, the average price of PX-M was US$57.07/ton, a month-on-month decrease of US$11.70/ton. This price change may have a certain impact on the profitability and market prospects of relevant companies.

Industry insiders analyzed that the limited rebound in PX processing fees is mainly affected by the market environment with abundant cash. Investors need to pay close attention to relevant market dynamics in order to make more informed investment decisions.

In addition, the supply and demand situation and price fluctuations in the PX market will continue to be affected by multiple factors such as international oil prices and downstream product demand. Investors should remain highly vigilant and reasonably avoid risks.