April 10th News
On April 10th, Sinopec South China Company announced the listed prices for xylene: Guangzhou Petrochemical’s isomer grade is priced at 8,100 yuan/ton, Maoming Petrochemical’s isomer grade at 8,100 yuan/ton, and Sinochem-KPC’s isomer grade at 8,100 yuan/ton. Influenced by uncertainties in the geopolitical situation in the Middle East and cost-side support, domestic toluene and xylene market holders continue to maintain relatively firm offers. However, downstream buying interest remains limited, and the overall trading atmosphere is cautious. The market showed a sideways consolidation trend in the previous trading day. In the short term, there is no clear guidance from news or market signals, and it is expected that toluene and xylene prices will continue to fluctuate within a range during the day.