March 3rd News The mainstream quotation range for the xylene market in South China is 6,050-6,150 yuan/ton, an increase of 150 yuan/ton compared to the average price of the previous trading day. Sinopec South China Company raised its xylene listed price by 200 yuan/ton: Guangzhou Petrochemical's isomer grade is priced at 6,150 yuan/ton, Maoming Petrochemical's isomer grade is priced at 6,150 yuan/ton, and Sinochem Refining's isomer grade is priced at 6,150 yuan/ton. Crude oil prices surged significantly, with toluene and xylene continuing their strong performance, having risen sharply in the previous trading session. Prices are expected to remain firm with fluctuations during the day. The situation in Iran has a significant impact on commodity prices and market sentiment, while tight supply fundamentals support prices. Short-term focus should be on changes in buying interest, with the market maintaining high and firm operations.

Chempricehub Analysis of Mixed Xylene, Bull-Bear Score: 2
The article indicates that the mainstream quotation for the xylene market in South China increased by 150 yuan/ton to 6,050-6,150 yuan/ton, and Sinopec raised its listed price by 200 yuan/ton, indicating a significant rise in spot prices. The sharp increase in crude oil prices has pushed up costs, while tight supply fundamentals support prices. Market sentiment is positively influenced by the situation in Iran, and prices are expected to remain firm with fluctuations in the short term, maintaining high and firm operations. This constitutes a significant positive factor for mixed xylene spot prices, driven by strong demand and cost-push factors.

Toluene, Bull-Bear Score: 2
The article mentions that toluene continues to show strength, influenced by the sharp rise in crude oil prices and tight supply fundamentals. The market expects prices to remain firm with fluctuations. The situation in Iran significantly boosts commodity prices, supporting toluene spot prices. This constitutes a significant positive factor for toluene spot prices, driven by external factors and supply-demand dynamics pushing prices higher.