According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has slightly increased this week. From June 2 to June 9, 2025, the price of mixed xylene has decreased from 5750 yuan/ton to 5840 yuan/ton, an increase of 1.57%. There are slight differences in the trend of various regions this cycle, with a slight downward adjustment in Shandong region and a slight upward adjustment in other regions, and the overall fluctuation range is limited. The Shandong region first rose and then fell during the week, with inquiries from downstream oil and chemical industries entering the market. Local refineries had good inquiries and shipments were relatively stable. The increase in quotes from major refineries in South China this week has led to an improvement in the atmosphere of the spot market, resulting in a slight increase in market prices. The transaction situation in East China is good, with overall inventory declining and spot market prices slightly rising.

Cost wise: The crude oil market has fluctuated upward in this cycle. As of June 6th, the settlement price of the July contract for WTI crude oil futures in the United States was $64.58 per barrel. The settlement price of Brent crude oil futures for August contract is $66.47 per barrel.
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 June 9th, East China Company quoted 5800 yuan/ton, North China Company quoted 5600-5750 yuan/ton, South China Company quoted 5750-5800 yuan/ton, and Central China Company quoted 5650-5800 yuan/ton.
Demand side:
On June 9th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price of 7000 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. An increase of 150 yuan/ton compared to May 30th. As of June 6th, the closing prices of the para xylene market in Asia were 793-795 US dollars/ton FOB Korea and 818-820 US dollars/ton CFR China.
Market forecast: The crude oil market is expected to rise slightly, with some support for the cost of xylene. The recent sales situation of the supply room in the refinery is still good, overall stable. The demand side has been relatively rigid in recent times. There is no significant news impact on the supply and demand side, and it is expected that the xylene market will mainly experience narrow fluctuations in the short term.