March 27 — The mainstream spot quotation range for xylene in East China is between 8,060 and 8,100 yuan per ton, up 10 yuan per ton from the previous trading day. Crude oil closed sharply higher overnight, and aromatics also strengthened during the night session, providing support for toluene and xylene. Domestic spot supply has tightened, and traders have a strong inclination to maintain prices. Today, the spot market continues its upward trend. Chempricehub’s analysis of mixed xylene, with a long-short rating of 1.5: Crude oil’s sharp overnight gains and the strength in aromatics during the night session provide cost support. Tightening domestic spot supply and traders’ strong inclination to maintain prices have driven xylene spot prices up by 10 yuan per ton to 8,060–8,100 yuan per ton, with the market continuing its upward trend. Rated 1.5 points, as multiple positive factors are at play, but the price increase is relatively moderate and does not reach the level of a major positive development.
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