A Brief Analysis of Xylene Market on April 17

Internationally, Venezuela’s and Iran’s crude oil supply declined, Libya’s situation was unstable, and U.S. crude oil stocks showed a downward trend. Last night, international oil prices rebounded in both directions. The reference price of isomeric mixed xylene in the Korean market is about US$726 per ton, which is almost the same as the previous trading day.

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At home, the listing price of Sinopec’s enterprises is stable today. Xylene market inquiry is the main, the general turnover, port inventory stability, overall downstream demand is not high. Raw material factor-oriented, trader prices slightly increased, the latest offer is roughly 5700-5750 yuan/ton.

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