According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has risen this week. From November 10 to November 17, 2025, the mixed xylene market will increase from 5470 yuan/ton to 5520 yuan/ton, an increase of 0.91%. During this cycle, the mixed xylene market has fluctuated upwards, with major refineries in Shandong region generally raising their prices. Downstream oil and chemical industries are replenishing their inventories as needed. The prices in both the East and South China markets have slightly increased.
Cost wise: According to the Commodity Market Analysis System of Shengyi Society, as of November 14th, the settlement price of the December WTI crude oil futures contract in the United States was $60.09 per barrel. The settlement price of Brent crude oil futures for January contract is $64.39 per barrel.
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 17th, East China Company quoted 5500 yuan/ton, North China Company quoted 5200-5350 yuan/ton, South China Company quoted 5700-5750 yuan/ton, and Central China Company quoted 5250-5400 yuan/ton.
Demand side:
On November 17th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price of 6800 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 14th, the closing prices of the para xylene market in Asia were $806-808/ton FOB Korea and $831-833/ton CFR China.
Market forecast: Recently, the crude oil market has slightly rebounded, the mixed xylene market has been operating strongly, and the main refineries have a strong willingness to raise prices. From the perspective of supply and demand, there has been little change in the market recently, and the overall market atmosphere is still acceptable. Factories have a strong mentality of raising prices. The demand side is still biased towards rigid demand, and inventory needs to be replenished as needed. Driven by the rise in crude oil prices, it is expected to maintain a stable to strong trend in the short term.