March 13th — The mainstream price range for xylene in South China is 7,550–7,650 yuan/ton. Sinopec South China has set its listed price for xylene at 7,700 yuan/ton. Overnight, international crude oil prices closed significantly higher, providing a notable boost to sentiment in the chemical market. Yesterday, the domestic toluene and xylene markets showed overall strength, with smooth shipments and active trading in the Shandong region. Currently, holders have a strong willingness to support prices, and it is expected that the toluene and xylene markets will continue their strong trend today.

Chempricehub Analysis
Xylene, Bull-Bear Score: 1.5
Overnight international crude oil prices rose sharply, significantly boosting sentiment in the chemical market. The mainstream price for xylene in South China is 7,550–7,650 yuan/ton, while Sinopec’s listed price is 7,700 yuan/ton. The market is generally strong, with smooth shipments and active trading in the Shandong region. Holders have a strong willingness to support prices. It is expected that spot xylene prices will continue their upward trend today, supported by a tight supply-demand balance. A score of 1.5 indicates a relatively strong bullish outlook, driven by crude oil momentum and positive signals from the spot market.

Toluene, Bull-Bear Score: 1.5
The sharp rise in international crude oil prices has provided a significant boost to the chemical market. The toluene market showed strength yesterday, with active trading and smooth shipments in the Shandong region. Holders have a strong willingness to support prices, and spot toluene prices are expected to continue rising today. Support from crude oil costs and improved demand are both favorable for prices, with optimistic market sentiment. A score of 1.5 reflects a relatively strong bullish outlook, based on crude oil momentum and positive expectations for spot fundamentals.