Domestic Xylene Market Expected to Retreat as Crude Oil Plunge Weighs on Sentiment

**1. Mainstream Market Closing Prices from the Previous Trading Day**

In the previous trading day, domestic xylene market negotiations continued to rise. The persistent uptrend in international crude oil prices continued to drive up prices of related products in the xylene industry chain. However, as the weekend approached, market sentiment turned more cautious, and negotiations in regions such as Jiangsu retreated slightly from intraday highs in the afternoon.

**2. Key Factors Affecting Current Market Price Changes**

- **Sentiment:** Crude oil prices are fluctuating widely, leading market participants to adopt a more cautious approach in their operations.
- **Supply:** Inventories at the main port in Jiangsu have declined, and cargo supplies are concentrated.
- **Demand:** Downstream demand from PX (paraxylene) and blending sectors is showing phased improvement.

**3. Trend Forecast**

The domestic xylene industry faces tight supply conditions while demand remains relatively concentrated. However, with international crude oil prices dropping sharply over the weekend and during early trading hours this morning, market participants’ trading sentiment is likely to be directly affected. There is a high probability that the market will give back last week’s premiums. The Jiangsu market is expected to see xylene prices decline during the day. According to a market sentiment survey, 90% of industry participants expect prices to fall today, with a projected decline of RMB 300/ton.


Post time: Jul-27-2026