According to the Commodity Market Analysis System of Shengyi Society, the xylene market will experience a volatile downward trend in September 2025. From September 1st to 29th, the domestic xylene market price fell from 5640 yuan/ton to 5480 yuan/ton, with a cumulative price drop of 2.84% during the period.

In the first half of the week, the toluene market fluctuated weakly, and the weakening of crude oil in the second half of the week dragged down market sentiment, causing market prices to continue to decline. The Shandong region has been dragged down by the crude oil market this week, resulting in an overall decline in prices. Negotiations in the East China region are quiet, and offers are generally low. Affected by loose supply, the enthusiasm for downstream market entry in southern China is weak, and the prices of main refineries have been lowered, resulting in an overall weak market atmosphere..
Late period: The domestic mixed xylene market first rose and then fell in this cycle. Among them, the inventory in Shandong region is low, and the prices of the main refineries have been adjusted slightly. Transactions in the region are more in line with demand. There is little change in inventory in the East China region, and prices have slightly increased. The market trading situation in South China is weak, downstream procurement is weak, and prices have slightly increased. As of the end of the month, with the end of pre holiday stocking and a decline in downstream purchasing intentions, the xylene market continued to decline due to a lack of demand support.
Cost wise: According to the Commodity Market Analysis System of Shengyi Society, as of September 26th, the settlement price of the November WTI crude oil futures contract in the United States was $65.72 per barrel. The settlement price of Brent crude oil futures for the December contract is $69.22 per barrel. During this round of price adjustment cycle, geopolitical factors remain one of the important factors affecting the crude oil market. The resurgence of geopolitical conflicts in the Middle East has triggered a rebound in the international crude oil stage, but OPEC+has decided to continue increasing production in October. In addition, with the increase in US oil inventories, the market still has high expectations of supply surplus pressure, resulting in weak momentum for international oil prices to rise.
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 29th, East China Company quoted 5600 yuan/ton, North China Company quoted 5350-5500 yuan/ton, South China Company quoted 5500-5550 yuan/ton, and Central China Company quoted 5450-5550 yuan/ton.
Demand side:
According to the Commodity Market Analysis System of Shengyi Society, as of September 28, 2025, the price of xylene sold by Sinopec Sales Company has temporarily stabilized, with a current execution price of 6800 yuan/ton. This price is being implemented in East China, North China, Central China, and South China. Yangzi Petrochemical, Zhenhai Petrochemical and other facilities are operating stably with normal sales, with a price reduction of 400 yuan/ton compared to August 29. As of September 26th, the closing prices of the xylene market in Asia were 789-791 US dollars/ton FOB Korea and 814-816 US dollars/ton CFR China, a decrease of 22 US dollars/ton from August 28th.
Market forecast: In terms of supply, the recent changes are relatively small, and the overall export situation of enterprises is relatively stable. In terms of shipping schedules, the recent arrival situation at ports is still acceptable, and the overall performance of the supply side is relatively stable. As the end of the month approaches, the domestic xylene market is showing a weak trend. With the holiday approaching, the activity of market negotiations has significantly declined, and market trading is relatively quiet. The overall market demand is weak, and there is a lack of significant positive support for supply and demand. It is expected that the xylene market will operate weakly.