December 29th News: The mainstream spot quotation for the mixed xylene market in East China is in the range of 5,620–5,630 yuan/ton, down 20 yuan/ton from the previous trading day. PX prices plummeted during the night session and continued to face downward pressure during the day, while domestic demand in the chemical, disproportionation, and blending sectors remained weak, lacking upward momentum. With weakening cost-side support and a sharp decline in the PX market, toluene and mixed xylene prices are expected to fluctuate and weaken during the day.

Chempricehub's analysis of mixed xylene, with a bullish/bearish score of -1.5:
The article notes that spot quotations for mixed xylene in East China have decreased by 20 yuan/ton to 5,620–5,630 yuan/ton, primarily due to a sharp decline in PX prices and weak demand. Insufficient demand in domestic chemical, disproportionation, and blending sectors, coupled with weakening cost-side support, is expected to lead to fluctuating and weakening prices. This news has a significant bearish impact on mixed xylene spot prices. The score of -1.5 reflects a moderate to significant bearish trend, as the price decline is moderate but weak demand and cost pressures persist, indicating a high short-term downside risk.

PX, with a bullish/bearish score of -2:
The article mentions that PX prices plummeted during the night session and continued to face downward pressure during the day, directly weakening the cost side. As a key raw material for para-xylene, the decline in PX prices has intensified cost pressures on related chemical products, with no supporting factors in sight. This news has a significant bearish impact on PX spot prices. The score of -2 indicates a major bearish trend, as the sharp price decline and continued pressure suggest a lack of rebound momentum in the short term, potentially further dampening market sentiment.

Toluene, with a bullish/bearish score of -1.5:
The article predicts that toluene prices will fluctuate and weaken, mainly due to the decline in PX prices and weakening cost-side support, compounded by overall weak demand. Toluene is closely linked to mixed xylene, and demand in the chemical and blending sectors remains insufficient, lacking upward momentum. This news has a significant bearish impact on toluene spot prices. The score of -1.5 reflects a moderate to significant bearish trend, as the combined effects of cost pressure transmission and weak demand increase the short-term downside risk for prices.