According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has risen this week. From November 3 to November 10, 2025, the mixed xylene market will increase from 5330 yuan/ton to 5470 yuan/ton, an increase of 2.63%. During this cycle, the mixed xylene market has fluctuated upwards, with main refineries in Shandong province raising their prices and downstream oil and chemical industries replenishing their inventories as needed. Purchasing enthusiasm is still acceptable. The East and South China markets saw a slight increase, with prices for major refineries in the region generally rising.

Cost wise: According to the Commodity Market Analysis System of Shengyi Society, as of November 7th, the settlement price of the December WTI crude oil futures contract in the United States was $59.75 per barrel. The settlement price of Brent crude oil futures for January contract is $63.63 per barrel. During this round of price adjustment cycle, the crude oil price market first rose and then fell. At the beginning of the cycle, China and the United States held trade negotiations, and market risk appetite, coupled with the tense situation in South America, once supported the rise of crude oil prices; However, in the later stage of OPEC+’s new round of production increase, the market is still concerned about the long-term risk of oversupply, and the regional situation has eased. In addition, the weakening of US demand and US tariff issues have dragged down global economic and demand expectations, leading to a decline in international oil prices.
Supply side:
Sinopec’s xylene enterprise is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of November 10th, East China Company quoted 5300 yuan/ton, North China Company quoted 5100-5250 yuan/ton, South China Company quoted 5400-5450 yuan/ton, and Central China Company quoted 5250-5400 yuan/ton.
Demand side:
On November 10th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price of 6700 yuan/ton. This price is implemented in East China, North China, Central China, and South China. Yangzi Petrochemical, Zhenhai Petrochemical and other units are operating stably and sales are normal. As of November 7th, the closing prices of the para xylene market in Asia were 798-800 US dollars/ton FOB Korea and 823-825 US dollars/ton CFR China.
Market forecast: The mixed xylene market is expected to operate strongly in the near future, with strong willingness from main refineries to raise prices and overall upward pricing. Downstream entry enthusiasm is still acceptable, and there is some purchasing demand in the chemical and blending fields. With the strengthening of the crude oil market, the sentiment in the spot market continues to heat up, and negotiations in the spot market are still acceptable. It is expected that the market will continue to operate steadily, moderately, and strongly in the short term.