According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market fluctuated downward this week. From April 20 to April 27, 2025, the price of mixed xylene decreased from 5850 yuan/ton to 5750 yuan/ton, a decrease of 1.71%. This week, the overall performance of the xylene market is weak, with market prices falling overall and slight differences in various markets. Due to the rise in crude oil prices at the beginning of the week and active downstream procurement, prices in Shandong region first rose and then fell this week. The port cargo supply in East and South China is relatively sufficient this week, which has affected the weak operation of prices this week.

On the cost side: The international oil price range fluctuated this cycle, and as of April 25th, the settlement price of the main contract of WTI crude oil futures in the United States was $63.02 per barrel. The settlement price of the main Brent crude oil futures contract is $66.87 per barrel.
Supply side:
Sinopec’s xylene quotation summary shows that the company is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of April 27th, East China Company quoted 5750 yuan/ton, North China Company quoted 5550-5650 yuan/ton, South China Company quoted 5850-5900 yuan/ton, and Central China Company quoted 5600-5700 yuan/ton.
Demand side:
According to the Commodity Market Analysis System of Shengyi Society, as of April 27, 2025, the price of xylene sold by Sinopec Sales Company has remained stable, with a current execution price of 6800 yuan/ton. This price is being implemented in East China, North China, Central China, and South China. Units such as Yangzi Petrochemical and Zhenhai Petrochemical are operating stably with normal sales, and the price is unchanged from April 21. As of April 24th, the closing prices of the xylene market in Asia were 719-721 US dollars/ton FOB Korea and 744-746 US dollars/ton CFR China, an increase of 2 US dollars/ton from the 17th.
Market forecast: The market expects that there is still upward potential for crude oil in the future, and the cost support is still acceptable. Recently, the inventory in Shandong region has been low on the supply side, and refineries are actively shipping. The overall supply of goods from ports in East and South China is still acceptable, and the overall supply side is relatively stable. The overall downstream procurement on the demand side tends to be rigid, and the support on the demand side is limited. It is expected to experience narrow fluctuations in the short term.