Price trend:

According to data from the SunSirs' commodity market analysis system, the xylene market rose last week. From November 17th to November 24th, 2025, the price of xylene increased from 5,520 RMB/ton to 5,530 RMB/ton, a rise of 0.18%. During this period, the xylene market saw a slight increase, with downstream oil blending and chemical industries replenishing their inventories as needed. Prices in both East and South China markets rose slightly.

Market Analysis

From a cost perspective: According to data from the SunSirs' commodity market analysis system, as of November 21st, the settlement price of the January contract for US WTI crude oil futures was $58.06 per barrel. The settlement price of the February contract for Brent crude oil futures was $61.94 per barrel. During this period, OPEC+ announced a new round of production increases, but the market remained concerned about the long-term risk of oversupply. Regional tensions eased somewhat, and weakening US demand, coupled with the drag from US tariffs on global economic and demand expectations, led to a slight decline in international oil prices.

Supply Side:

Sinopec's xylene plants were operating normally, with stable production and sales. Prices remain unchanged from the previous day. As of November 24th, the price quoted by the East China plant was 5,500 RMB/ton, the North China plant 5,200-5,350 RMB/ton, the South China plant 5,700-5,750 RMB/ton, and the Central China plant 5,250-5,400 RMB/ton.

Demand Side:

On November 24th, Sinopec Sales Company maintained its paraxylene price at 6,800 RMB/ton. This price was applied in East China, North China, Central China, and South China. Plants such as Yangzi Petrochemical and Zhenhai Petrochemical were operating stably, with normal sales, unchanged from November 17th. As of November 21st, the closing price of paraxylene in the Asian market was $791-793/ton FOB Korea and $816-818/ton CFR China, a decrease of $15/ton from November 14th.

Market outlook

The recent slight weakening of the crude oil market dragged down the sentiment in the spot market. From a supply and demand perspective, there were little recent market changes, and the overall market sentiment was still acceptable. Refineries in Shandong province were experiencing good sales, supporting market sentiment. Overall, the xylene market was relatively stable recently and is expected to maintain a narrow range of fluctuations in the short term.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.