SunSirs: The Domestic and International Xylene Market Trends on October 22nd

https://www.chemnet.com   Oct 23,2024 SunSirs

Domestically

On October 22nd, the mainstream spot price range of xylene market in East China was 5,880-5,900 RMB/ton, an increase of 50 RMB/ton compared to the previous trading day. The market was cautious in the morning, and trading was generally quiet. The market trend was weak. Sinopec East China Company's xylene quotation was stable at 5,850 RMB/ton.

On October 22nd, the mainstream price range for xylene in the South China market was 5,870-6,020 RMB/ton, a decrease of 30 RMB/ton compared to the previous trading day. The spot market quoted an overall downward trend, with downstream investors adopting a wait-and-see approach and weak market trading. Sinopec South China Sales Company's xylene listing price remained stable at 6,000 RMB/ton.

Internationally

On October 22nd, the Asian xylene market closed up: the FOB South Korean closing price for October was 736-738 US dollars/ton, up 5 US dollars/ton; The closing price of CFR China in October was 741 US dollars/ton, an increase of 5 US dollars/ton.

On October 22nd, the international xylene market closed temporarily stable: the FOB USG closing price in October was 306.25-306.35 US cents/gallon, while the FOB USG closing price in November was 306.25-306.35 US cents/gallon, unchanged.

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