January 23 (Xinhua) — In Shandong, the mainstream market quotation for xylene is in the range of 5,460–5,480 yuan/ton, unchanged from the previous trading day. Quotations from major refineries in the province are generally stable, and the spot market trading atmosphere remains favorable. Downstream users are restocking based on demand, with recent inquiries showing improvement. Refinery inventories are running at relatively low levels, providing a slight boost to the spot market.
Chempricehub's analysis of mixed xylene, with a bullish-bearish score of 1:
Spot quotations for mixed xylene in Shandong remain stable at 5,460–5,480 yuan/ton. Refinery inventories are low, downstream users are restocking as needed, and inquiries are robust, contributing to an improved trading atmosphere and a slight uptick in spot prices. Supported by demand in the near term, prices are expected to remain stable with potential upward movement, benefiting the spot market outlook.