Sinopec South China Company's January 14th Xylene Initial Listed Prices: Guangzhou Petrochemical Isomer at 5900 yuan/ton, Maoming Petrochemical Isomer at 5900 yuan/ton, and Sinopec-Zhongke Refining & Chemical Isomer at 5900 yuan/ton. Chempricehub Analysis on PX, Bull-Bear Score: -2. On January 14, 2026, Sinopec South China Company announced the spot listed price for PX (para-xylene) at 5900 yuan/ton, a significant drop of approximately 18.8% compared to the previous day's settlement price of 7274 yuan/ton for the main futures contract (2603). This price is notably lower than market expectations, reflecting ample spot supply or weak demand, which may intensify bearish sentiment. Combined with the PX futures data from January 13th (generally declining, with the 2603 contract down by 44 yuan/ton), this news is expected to reinforce the downward trend in futures, posing a significant short-term bearish impact on PX prices.