SunSirs: Domestic Xylene Market Trading Overview in Selected Regions on April 7

On April 7, the SunSirs benchmark price for xylene stood at 8,000.75 RMB/ton, remaining unchanged from the beginning of the month.

On April 7, the mainstream price range for xylene in the South China region stood at 8,500–8,600 RMB/ton, marking a decrease of 100 RMB/ton compared to the previous trading day. Following the holiday period, xylene prices are expected to undergo volatile adjustments at elevated levels; although strong crude oil markets and geopolitical risks provide cost support, downstream sectors exhibit significant resistance to purchasing high-priced raw materials. Consequently, the pace of price increases in the aromatics market has slowed, and significant upward momentum faces substantial resistance, with overall prices expected to remain within a high-level trading range.

On April 7, the mainstream spot price range for xylene in the East China region stood at 8,200–8,350 RMB/ton an increase of 100 RMB/ton compared to the previous trading day. Following the holiday break, the xylene market is expected to maintain a pattern of high-level volatility and consolidation. Xylene prices had already risen during the previous trading session; coupled with the strong performance of international crude oil futures and the heightened risk of escalating geopolitical tensions in Iran, cost-side support for the market remains quite evident. However, domestic downstream sectors exhibit significant resistance to purchasing high-priced raw materials. Furthermore, the aromatics market has slowed its pace of tracking price fluctuations in the energy sector—particularly crude oil—making it difficult for prices to continue surging significantly in the short term. Consequently, the market is expected to primarily trade within a high-level range, characterized by continued volatility.

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