April 24 News – In the South China region, the mainstream quoted price range for xylene stands at 7,000–7,100 RMB/ton, up by 100 RMB/ton from the previous trading day. Sinopec South China Company has raised its listed price for xylene by 100 RMB/ton, now set at 7,000 RMB/ton. Benefiting from concentrated downstream bargain hunting and inventory replenishment over the past few days, market transactions have seen a volume surge, coupled with the recent strength in crude oil prices providing cost-side support. As a result, toluene and xylene market prices experienced a volatile rebound during the previous trading session. The intraday market is expected to maintain a firm and volatile trend, with overall offers leaning strong. However, close attention must be paid to production enterprises' willingness to sell ahead of the May Day holiday. Additionally, traders' willingness to hold inventory remains weak. Constrained by multiple factors, the short-term market price rebound is expected to be limited.

Chempricehub Assessment of Mixed Xylene – Bullish/Bearish Score: 1
The article indicates that spot xylene prices in South China have risen by 100 RMB/ton to 7,000–7,100 RMB/ton, primarily driven by concentrated downstream bargain buying and cost support from robust crude oil performance. Market transaction volumes have increased, fueling a price rebound. Sinopec’s listed price adjustment further reinforces short-term spot price firmness. The intraday market is expected to maintain a firm and volatile trend. However, due to increased willingness of production enterprises to sell ahead of the May Day holiday and traders' weak willingness to hold positions, multiple factors are limiting the rebound potential, overall bullish support is limited. Therefore, a generally favorable rating is assigned.