According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has slightly increased this week, rising from 5840 yuan/ton to 6030 yuan/ton from June 9 to June 16, 2025, an increase of 3.25%. The overall trend of various regions in this cycle is upward. From the perspective of Shandong region, there are more pre-sales this week. The supply in the region is tight, and downstream oil and chemical industries are actively entering the market for inquiries. The inquiry situation of local refineries is good, with stable shipments and rising market prices. 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 price has risen significantly, with the settlement price of the July WTI crude oil futures contract in the United States at $72.98 per barrel as of June 13th. The settlement price of Brent crude oil futures for August contract is $74.23 per barrel. On June 13th, the settlement price of the July contract for WTI crude oil futures in the United States was $72.98 per barrel. The settlement price of Brent crude oil futures for August contract is $74.23 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 16th, East China Company quoted 5800 yuan/ton, North China Company quoted 5700-5900 yuan/ton, South China Company quoted 6250-6300 yuan/ton, and Central China Company quoted 6050-6100 yuan/ton.
Demand side:
On June 16th, 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. Compared to June 9th, it remains unchanged. As of June 13th, the closing prices of the para xylene market in Asia were $829-831/ton FOB Korea and $854-856/ton CFR China. An increase of $36 per ton compared to June 6th.
Market forecast: The overall macro trend is relatively strong in the near future, with a significant increase in crude oil prices and an overall strengthening of fundamentals. From the perspective of supply and demand, there have been many pre-sales in Shandong recently, and port inventory is also low, resulting in an overall tight supply situation. From the perspective of demand, downstream procurement intentions are generally weak, and demand is biased towards rigid demand. Under the mentality of supply and demand game, it is expected that the short-term range oscillation trend will be the main trend.