April 10th News — On Thursday (April 9th), the Asian xylene market closed up by $11/ton: the closing price for late April FOB Korea was $1070–1072/ton, and the CFR China price for late April closed at $1085/ton. Chempricehub's analysis of mixed xylene shows a long-short rating of 1.5. The spot price of Asian xylene rose by $11/ton at the close on April 9th, with FOB Korea reported at $1070–1072/ton and CFR China at $1085/ton. This indicates tight market supply and demand, with strong performance on the demand side or constraints on the supply side, which is favorable for spot prices. The increase is significant but not at a level of sharp volatility, and it is expected to support an upward trend in the spot market in the short term.
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