January 16th News: On January 16th, Sinopec South China Company announced the initial listed price for xylene at the beginning of the month: Guangzhou Petrochemical's isomer grade is set at 5,900 yuan/ton, Maoming Petrochemical's isomer grade is set at 5,900 yuan/ton, and Zhongke Refining & Chemical's isomer grade is set at 5,900 yuan/ton. Chempricehub Analysis of Mixed Xylene, Bull-Bear Score: 1 Sinopec South China Company uniformly raised the initial listed price for xylene to 5,900 yuan/ton on January 16th, covering major suppliers such as Guangzhou Petrochemical, Maoming Petrochemical, and Zhongke Refining & Chemical. This move indicates that suppliers anticipate tightening market supply and demand, possibly due to stronger downstream demand or rising production costs, which directly supports spot prices. It is expected that spot prices will rise in the short term. Combined with PX (xylene) futures data (e.g., the settlement price of the Zhengzhou Commodity Exchange 2609 contract at 7,204 yuan/ton), the current spot price is lower than the futures level. The increase in the listed price may narrow the basis, boost confidence in the futures market, and drive a moderate upward trend in futures prices.