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Chempricehub Important Reminder: Shandong Xylene Price Quotation Rises by 500 Yuan, Market Bullish
Published on 2026-03-12
March 12 — The mainstream quotation range for xylene in the Shandong region is 7,300–7,350 yuan/ton, up 500 yuan/ton from the average price of the previous trading day. Ex-factory prices from mainstream local refineries in the province were generally raised today, with some manufacturers holding back sales and temporarily refraining from shipping goods. Yesterday, toluene and xylene prices fluctuated within a narrow range. Overnight, driven by the rise in crude oil and the sharp surge in aromatics during the night session, spot market prices followed the upward trend at today's opening. Sellers exhibited a strong reluctance to sell, and market sentiment was dominated by a wait-and-see attitude, resulting in sluggish trading activity. Currently, the international situation remains uncertain, coupled with tight domestic supply, and it is expected that the spot market will continue to experience fluctuations in the near term, with bullish sentiment once again heating up. Chempricehub Analysis: Mixed Xylene, Bull-Bear Score: 2 The article indicates that spot quotations for xylene in the Shandong region have increased by 500 yuan/ton to 7,300–7,350 yuan/ton. Ex-factory prices from mainstream local refineries have generally been raised, with some manufacturers holding back sales and temporarily refraining from shipping goods. Driven by overnight gains in crude oil and the surge in aromatics during the night session, sellers' reluctance to sell has intensified. Market supply remains tight, trading activity is sluggish, but bullish sentiment is heating up. This significantly benefits spot prices, and it is expected that prices will fluctuate upward in the near term due to the uncertain international situation and tight domestic supply, supporting a significantly favorable market trend. Toluene, Bull-Bear Score: 1 The article mentions that toluene prices fluctuated within a narrow range yesterday, but overnight gains in crude oil and the overall surge in the aromatics market may have a positive impact on toluene spot prices. Although no specific increase is provided, tight market supply and rising bullish sentiment suggest a moderate positive influence. It is expected that toluene spot prices will experience a moderate upward trend driven by the aromatics sector, supporting a generally favorable market outlook.