May 08 News - In the Shandong region, the mainstream quotation range for xylene is 6750-6800 RMB/ton, with an average price decrease of 50 RMB/ton. Crude oil prices saw a slight decline overnight, leading to a bearish market sentiment. Previously, toluene and xylene experienced significant drops for two consecutive days, and the current price level is relatively low, with ample export arbitrage space. Overall, the market performance is relatively weak, and the spot market is moving in a bearish direction.

Chempricehub comments on mixed xylene: Bullish-bearish score: -1. The mainstream spot quotation range for mixed xylene in the Shandong region is 6750-6800 RMB/ton, with an average price decrease of 50 RMB/ton from the previous level. On the cost side, the slight overnight decline in crude oil prices has contributed to a bearish trading atmosphere. Although mixed xylene has already fallen significantly for two consecutive days, with current prices at relatively low levels and ample export arbitrage space providing some price support, the overall market performance remains weak. The spot market is experiencing a weak trend, exerting a generally negative impact on prices.