According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has fluctuated downward this week. From August 29 to September 5, 2025, the price of mixed xylene decreased from 5680 yuan/ton to 5560 yuan/ton, a decrease of 2.11%. The overall decline in the domestic mixed xylene market this cycle, coupled with a weak trend in the crude oil market during the week, has dragged down the mentality of the spot market. The main refineries in Shandong have slightly lowered their ex factory prices, attracting some downstream chemical and oil blending companies to purchase in the market, but overall trading is relatively low. During the week, there was a slight destocking in the East and South China regions, with main refineries experiencing a decline in ex factory prices and a weak atmosphere in the spot market.

Cost wise: The crude oil market prices in this cycle have mainly fluctuated at low levels. As of the 4th, the settlement price of the October WTI crude oil futures contract in the United States was $63.48 per barrel, and the settlement price of the November Brent crude oil futures contract was $66.99 per barrel. The crude oil market is influenced by both long and short factors. On the one hand, geopolitical factors remain one of the important factors affecting the crude oil market, and the Russia Ukraine issue has led to a strong operation of the crude oil market. On the other hand, Saudi crude oil may increase production, leading to an increase in US crude oil inventories. In addition, with the end of the peak oil season in the US, the global economic outlook and oil demand are not optimistic, putting pressure on crude oil market prices.
Supply side:
Sinopec’s xylene quotation summary shows that the company is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of September 5th, East China Company quoted 5700 yuan/ton, North China Company quoted 5600-5750 yuan/ton, South China Company quoted 5750 yuan/ton, and Central China Company quoted 5600-5650 yuan/ton.
Demand side:
On September 5th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price of 7200 yuan/ton. This price is implemented in East China, North China, Central China, and South China. Yangzi Petrochemical, Zhenhai Petrochemical and other units are operating stably and sales are normal. As of September 4th, the closing prices of the para xylene market in Asia were $803-805/ton FOB Korea and $828-830/ton CFR China.
Market forecast: The recent trend of the crude oil market is weak, and the macro performance is weak. The recent arrival of the supply side at the port has been good, with refineries operating at a high rate and overall supply being loose. The downstream chemical and oil blending industries on the demand side have recently shown weak purchasing intentions, with an overall preference for rigid demand. Overall, under the influence of loose supply, it is expected that the xylene market will continue to operate weakly in the near future.