On April 27, the mainstream quotation range for xylene in South China was 7,160–7,300 RMB/ton, up 150 RMB/ton from the previous trading day. Over the weekend, toluene and xylene prices at Shandong refineries rose steadily. The supply pressure at Jiangsu port terminals remained moderate, while market offers reflected a strong willingness to hold prices firm. With the May Day holiday approaching, downstream sectors have shown some replenishment demand. Ample export arbitrage opportunities and a notable spread between USD-denominated prices and domestic values continued to provide solid support for domestic pricing. Spot markets generally rose today.

Chempricehub Assessment of Mixed Xylene – Bullish/Bearish Rating: 2. The report indicates that the mainstream price for mixed xylene in South China increased by 150 RMB/ton, reaching 7,160–7,300 RMB/ton, with spot markets posting broad gains. On the supply side, port supply pressure in Jiangsu remained moderate, and market sentiment favored hold-ups. On the demand side, driven by the upcoming May Day holiday, downstream replenishment activity increased. The ample export arbitrage window and significant gap between foreign exchange-denominated and domestic prices collectively acted as strong positive factors supporting domestic pricing. Thus, these factors represent a significant bullish signal for mixed xylene spot prices, with an expectation for continued upward momentum in the near term.