On June 9, Sinopec South China's ex-factory list price for xylene was set at 7,050 yuan/ton. The aromatics market fluctuated higher yesterday, but the upward drive from crude oil price gains was relatively weak, lacking sufficient momentum for a sustained rally. While export arbitrage still offers a marginal window, support comes from high feedstock price spreads and low refinery inventories. However, downstream demand from blending and chemical sectors remains sluggish, and intermediate traders are cautious in procurement. As a result, the spot market is expected to consolidate within a narrow range today.
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