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Chempricehub Alert: Mixed Xylene Prices in South China Decline Amid Weak Demand
Published on 2026-01-14
January 14th — In South China, the mainstream quotation range for mixed xylene is 5,850–5,900 yuan/ton, down 50 yuan/ton from the previous trading day. Sinopec South China's listed prices for mixed xylene are as follows: Guangzhou Petrochemical's isomer grade is priced at 5,900 yuan/ton, Maoming Petrochemical's isomer grade at 5,900 yuan/ton, and Sinochem-KPC's isomer grade at 5,900 yuan/ton. While crude oil prices strengthened and major refineries maintained firm quotations, downstream demand remained limited to rigid procurement, leading to subdued market negotiation sentiment. Chempricehub's analysis of mixed xylene assigns a bearish score of -1. The article indicates that the mainstream spot quotation for mixed xylene in South China has decreased by 50 yuan/ton to 5,850–5,900 yuan/ton. Although Sinopec South China's listed price remains firm at 5,900 yuan/ton, market negotiation sentiment is weak, with downstream purchases limited to essential demand, reflecting insufficient demand that is suppressing prices. Despite the cost support from stronger crude oil prices, the decline in actual transaction prices highlights the weakness in the spot market. Combined with the PX futures market performance (Zhengzhou Commodity Exchange 2603 contract settlement price at 7,274 yuan/ton, down 44 yuan, with open interest decreasing by 12,582 lots), this indicates heightened bearish market expectations and downward pressure on futures prices. Overall, weak demand dominates the short-term trend, warranting a mildly bearish score of -1.