According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has risen this week. From November 17 to November 24, 2025, the mixed xylene market will increase from 5520 yuan/ton to 5530 yuan/ton, an increase of 0.18%. During this cycle, the mixed xylene market saw a slight upward trend, with downstream oil blending and chemical industries replenishing their inventories as needed. The prices in both the East and South China markets have slightly increased.

On the cost side: According to the Commodity Market Analysis System of Shengyi Society, as of November 21, the settlement price of the January WTI crude oil futures contract in the United States was $58.06 per barrel. The settlement price of Brent crude oil futures for February is $61.94 per barrel. During this cycle, OPEC+has increased production in a new round, and the market is still concerned about the risk of long-term oversupply. The regional situation has eased, and coupled with weakened demand from the United States, the issue of US tariffs has dragged down global economic and demand expectations, resulting in a slight decline in international oil prices.
Supply side:
Sinopec’s xylene enterprise is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of November 24th, East China Company quoted 5500 yuan/ton, North China Company quoted 5200-5350 yuan/ton, South China Company quoted 5700-5750 yuan/ton, and Central China Company quoted 5250-5400 yuan/ton.
Demand side:
On November 24th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price being 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, unchanged from November 17th. As of November 21st, the closing prices of the para xylene market in Asia were $791-793/ton FOB Korea and $816-818/ton CFR China, a decrease of $15/ton from November 14th.
Market forecast: Recently, the crude oil market has slightly weakened, dragging down the atmosphere of the spot market. From the perspective of supply and demand, there has been little change in the market recently, and the overall market atmosphere is still good. The shipment situation of refineries in Shandong is good, which supports the market mentality. Overall, the recent performance of the mixed xylene market has been relatively stable, and it is expected to maintain a narrow range of fluctuations in the short term.