May 21 News
The mainstream quoted price range for xylene in South China is 7,200–7,300 RMB/ton, down 50 RMB/ton from the previous trading day. Sinopec South China Company has set its ex-plant listed price for xylene at 7,450 RMB/ton. A sharp decline in crude oil prices has dragged down the overall aromatics market, leading to cautious procurement sentiment. The short-term market is expected to fluctuate weakly, creating a generally bearish influence on xylene prices.
Chempricehub Commentary on Mixed Xylenes
Bull-Bear Score: -1
Spot Market
In South China, the mainstream quoted price range for mixed xylenes is 7,200–7,300 RMB/ton, down 50 RMB/ton from the previous trading day. Sinopec South China Company’s listed price remains at 7,450 RMB/ton. Affected by the sharp drop in crude oil, the overall aromatics market has weakened, leading to a cautious procurement sentiment. The short-term market is expected to fluctuate weakly, exerting a generally bearish impact on mixed xylene prices.
Comments
0