This week, the domestic fluorite price trend was mainly volatile. As of the weekend, the average domestic fluorite price was 3406.25 yuan/ton, slightly higher than the early week price of 3400 yuan/ton by 0.18%, and a year-on-year decrease of 5.48%.
Supply side: Normal inventory of fluorite spot remains high
The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has not changed much. Upstream mining is still tight, and backward mines will continue to be eliminated. In terms of new mines, mineral investigation work is still difficult. In addition, the national department needs to reform fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased. However, the spot supply in the fluorite field is normal, and social inventory continues to operate at a high level without obvious signs of depletion. The supply side maintains a stable production rhythm. In addition, production activities will slow down before the end of the year, and the scale of periodic replenishment will shrink. Recently, downstream procurement is not active, and fluorite shipments are generally average. The fluorite market trend is stable.
Demand side: Hydrofluoric acid price stable, refrigerant market average
This week, the domestic price trend of hydrofluoric acid is temporarily stable, and the mainstream price of hydrofluoric acid discussed in various regions of China is 12000-12500 yuan/ton. The downstream hydrofluoric acid equipment is still in shutdown, and there is little change in the spot supply of hydrofluoric acid. Manufacturers mainly purchase hydrofluoric acid on demand, and the overall production of hydrofluoric acid remains at more than 50%. Fluorine enterprises maintain essential orders, while hydrofluoric acid enterprises are in a loss making state. Recently, hydrofluoric acid merchants have not been actively purchasing, and the fluorite market is in a fierce game between supply and demand, falling into a “price but no market” deadlock. Despite being in the traditional stocking stage of downstream refrigerant and other industries, the high prices have suppressed procurement demand, thereby affecting the digestion rhythm of upstream raw materials. Fluorite prices have not changed much.
The overall stability and operation of the terminal refrigerant market have been maintained, and the terminal policies of the refrigerant industry have been strengthened. Demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the pace of high price procurement is relatively slow, and downstream channels mainly focus on stocking up for essential needs. Industry inventory has dropped to a low level in nearly two years; The supply side is constrained by the quota system, coupled with a highly concentrated industry share pattern, and market confidence remains stable. However, caution is still held towards upstream procurement, with a focus on maintaining stable prices in the fluorite market.
In addition to the traditional demand in the refrigerant industry, fluorite, as an important mineral raw material for modern industry, is constantly developing in emerging fields. It is also applied in strategic emerging industries such as new energy and new materials, as well as in national defense, nuclear industry and other fields, including lithium hexafluorophosphate, PVDF、 Graphite negative electrodes, photovoltaic panels, etc., have received certain support in the application of fluorite due to the demand for new energy and semiconductors.
Market forecast: In the near future, it is difficult to improve the supply of domestic fluorite mines, and some mines have stopped production and undergone safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market. However, the high inventory of fluorite spot goods, downstream hydrofluoric acid enterprises mainly purchase on demand, and demand has not actually improved. The fierce game between supply and demand, overall, the fluorite market price is mainly volatile in the short term.

1、 Market situation:
Recently, the domestic acrylic acid market has indeed shown typical characteristics of “supply and demand game, stability maintenance and consolidation”. The market shows stable prices, but there are different pressures and supports on both the supply and demand sides. As of January 6th, the benchmark price of acrylic acid in Shengyi Society was 5850.00 yuan/ton, unchanged from the beginning of this month.
2、 Supply and demand ends:
The current market deadlock is the result of the balance of power between supply and demand
Supply side:
The industry’s operating rate is not only high, but also the price trend has been stable since early January, which has brought abundant spot resources to the market and is the main factor suppressing price increases.
Demand side:
The core support of the market only comes from the rigid demand procurement of downstream users. Due to issues such as slow capital collection in the terminal fields (such as coatings and textiles), there is generally low interest in traditional “winter storage” stocking before the Spring Festival, and most purchases are made in small quantities and on demand. This has led to a sluggish overall trading atmosphere in the market, which cannot provide upward momentum for prices.
Cost side:
The prices of propylene and n-butanol, the main upstream raw materials, have been steadily rising recently, and the overall cost support for acrylic acid is still acceptable but lacks strong driving force, failing to break the balance of supply and demand game. As of January 6th, the benchmark price of propylene in Shengyi Society was 5744.33 yuan/ton, an increase of 0.47% compared to the beginning of this month (5717.67 yuan/ton).
On January 6th, the benchmark price of n-butanol (industrial grade) in Shengyi Society was 5633.33 yuan/ton, unchanged from the beginning of this month.
3、 Future outlook:
Overall, the market is expected to maintain a narrow consolidation trend in the short term. The combination of high supply and weak stocking demand creates a “ceiling” for price increases. The current high demand and high costs have also set a “floor” for prices, making it difficult for them to fall deeply.
The key points for the future are whether the downstream stocking pace before the Spring Festival will be activated due to the passage of time, and whether there will be unexpected adjustments in the supply side’s operating rate. These two points will be the main variables that break the current balance and guide the market direction.

In 2025, the overall trichloromethane market in China showed a fluctuating downward trend, with a slight rebound towards the end of the year
From January to February at the beginning of the year, the maintenance and supply of trichloromethane equipment in some enterprises were tight. In addition, downstream enterprises restarted their quotas at the beginning of the year, and downstream stocking was active, resulting in short-term concentrated release of demand. As a result, the price of trichloromethane skyrocketed to 2800 yuan/ton.
From March to July, on the one hand, new production capacity was gradually released, while the demand for the core downstream refrigerant R22 continued to be weak, leading to a sharp increase in supply pressure. Enterprise inventories remained high, and the price of trichloromethane fell to the lowest of 1533 yuan/ton this year.
From August to October, on the one hand, the price of methanol raw materials weakened, and the cost support of trichloromethane collapsed; On the other hand, downstream demand is weak and prices are weakly declining. During this period, some companies underwent brief maintenance to alleviate supply pressure, which to some extent eased the downward pressure on prices.
The tightening of regional supply and low inventory levels in November and December, coupled with the release of some demand at the end of the year, have driven prices to stop falling and slightly rebound. The price of trichloromethane has rebounded to around 1966 yuan/ton.
The price fluctuation of trichloromethane in 2025 is mainly affected by the following factors:
1. Supply pressure continues to increase: By 2025, new production capacity will be released in the industry, and the overall supply level will improve. Meanwhile, as an important “chlorine consuming” product, the methane chloride plant maintains a high operating rate even when operating at a loss, exacerbating the situation of oversupply in the market. The first phase of the 200000/ton methane chloride unit of Hunan Hengyang Jindong Technology Co., Ltd. was put into trial operation at the end of March 2025 and achieved stable operation in October 2025. The average annual operating rate of methane chloride in China in 2025 is around 7.8%, with relatively low centralized maintenance and operation of large factories in the first and fourth quarters, and relatively high operation in the peak season of the second and third quarters.
2. The downstream demand structure is single and weak: over 90% of the demand for trichloromethane relies on refrigerant R22. However, the quota for R22 in 2025 has been reduced, and its terminal demand (such as fluoropolymers) has performed poorly, resulting in low enthusiasm for enterprise production and weak support for the procurement of raw material trichloromethane.
3. Constraints of cost and loss: Cost determines the “bottom”: When the market price of chloroform falls below or exceeds the cost line of “methanol+manufacturing costs”, enterprises without supporting advantages will fall into cash losses, be forced to reduce production or stop production, thereby providing rigid bottom support for prices. From the overall trend of trichloromethane in 2025, the price dropped to around 1533 yuan/ton in June and July 2025, reaching this bottom line. Overall, when demand is still acceptable, cost fluctuations can be effectively transmitted to selling prices. When demand is severely insufficient, cost can only define the bottom of price decline and the depth of losses, and cannot drive a trend upward trend.

Market Outlook for 2026
Overall, it is expected that the trichloromethane market will continue to operate under pressure in 2026, and there will be no trending upward trend
On the supply side, the pattern of overcapacity is expected to continue. The slight increase in methane chloride production capacity in 2025 means that there will not be many new methane chloride plants added in the future. Currently, only Gansu Juhua New Materials Co., Ltd. has a 760000 tons/year methane chloride plant to be built. The expected production of trichloromethane in 2026 is about 1.05-11 million tons, with an operating rate of 70-75%. Overall loose supply
In terms of demand, the quota for the core downstream refrigerant R22 continues to be compressed, resulting in a 3-5% decrease in demand and a decrease in its proportion from 45% in 2025 to 40-42% in 2026. Its demand growth space is limited, and it will continue to be a key factor restricting the trichloromethane market. The growth of market demand will rely more on fluorinated polymer materials (such as PTFE), fourth generation new refrigerants (such as HFOs), and fine chemical industries such as pharmaceutical and pesticide intermediates.
Price trend: With the expectation of abundant supply, the overall price center of gravity may be difficult to rise significantly, and it is expected to continue to fluctuate at a low level. The fluctuation range of its price will be affected by specific factors such as changes in the cost of raw materials methanol and liquid chlorine, as well as downstream stage replenishment demand. Overall, the bottom line of trichloromethane prices in 2026 will still be constrained by costs. The central price range for methanol in 2026 may be between 2100-2300 yuan/ton, while the price for liquid chlorine may be between 50-250 yuan/ton. The bottom line support for trichloromethane costs will continue. In addition, due to supply and demand maintenance and other factors, it is expected that the price of trichloromethane will fluctuate between 1800 and 2300 yuan/ton in 2026.

According to the Commodity Market Analysis System of Shengyi Society, the xylene market will first rise and then fall in December 2025, with an overall upward trend. From December 1st to 30th, the domestic xylene market price increased from 5470 yuan/ton to 5510 yuan/ton, with a cumulative price increase of 0.73% during the period.
In the first half of the year, the domestic mixed xylene market showed a moderate upward trend, and Shandong, as a core production area, had good refinery shipments, providing stable support for the regional market; The markets in East and South China have kept up with the rise, and the quotations of major refineries such as Sinopec have remained stable. The market negotiation atmosphere is still acceptable. The downstream oil and chemical industry continues to adopt the strategy of replenishing inventory according to demand, maintaining a neutral level of procurement enthusiasm, and there has been no large-scale hoarding or reduction of inventory, supporting a slight increase in prices.

In the latter half of the year, the domestic mixed xylene market showed a moderate upward trend, and Shandong, as a core production area, had good refinery shipments, providing stable support for the regional market; The markets in East and South China have kept up with the rise, and the quotations of major refineries such as Sinopec have remained stable. The market negotiation atmosphere is still acceptable. The downstream oil and chemical industry continues to adopt the strategy of replenishing inventory according to demand, maintaining a neutral level of procurement enthusiasm, and there has been no large-scale hoarding or reduction of inventory, supporting a slight increase in prices.
Cost wise: In December 2025, the domestic crude oil market showed a volatile downward trend, with narrow fluctuations in the first half of the year. The news of OPEC’s slight increase in production in December and the suspension of production in the first quarter of 2026 briefly boosted market sentiment, but failed to reverse the loose pattern. Domestic port commercial crude oil inventories increased by 1.67% month on month, and supply pressure began to emerge. After mid month, concerns about global crude oil oversupply intensified, with Brent crude falling below $60 per barrel, driving the domestic market to follow suit. Although geopolitical events such as the escalation of US sanctions on Venezuela triggered a short-term rebound during this period, it was difficult to change the trend. As the end of the year approaches in the latter half of the year, market trading activity has decreased under the pressure of capital recovery. The operating rate of domestic main refineries is sluggish, and the weak trend of terminal demand has not changed, further suppressing oil prices and presenting a fundamental driven downward trend throughout the process. As of the 26th, the settlement price of the February WTI crude oil futures contract in the United States was $56.74 per barrel, and the settlement price of the February Brent crude oil futures contract was $60.60 per barrel.
Supply side:
Sinopec’s xylene quotation summary shows that the company is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of December 30th, East China Company quoted 5500 yuan/ton, North China Company quoted 5200-5300 yuan/ton, South China Company quoted 5650-5700 yuan/ton, and Central China Company quoted 5250-5450 yuan/ton..
Demand side: Downstream on-demand procurement shows overall weakness
The domestic oil and chemical industry continues to adopt the strategy of replenishing inventory according to demand, with low purchasing enthusiasm and no centralized replenishment behavior, which has limited effect on driving prices. The PX market has become the main bearish factor, with significant fluctuations in the December contract price of PX on the Zhengzhou Commodity Exchange in the latter half of the month. The closing price on the 29th was 7208 yuan/ton, a significant drop from the mid month high, and the mixed xylene price was under pressure and weakened due to cost transmission.

According to the Commodity Market Analysis System of Shengyi Society, as of December 30th, Sinopec Sales Company has implemented a price of 7000 yuan/ton, and the four major regions of East China, North China, Central China, and South China have uniformly implemented this price; The main facilities of Yangzi Petrochemical and Zhenhai Petrochemical are operating stably, and the sales of products are normal. The current price has increased by 150 yuan/ton compared to November 28th.
In terms of international markets, as of December 29th, the closing prices of the xylene market in Asia were $867-869/ton FOB Korea and $892-894/ton CFR China, an increase of $66/ton from November 27th.
Market forecast: Currently, the domestic mixed xylene market is in a game of bullish and bearish factors: on the one hand, the supply side equipment is operating stably, the supply of goods is abundant, and the shipment situation of refineries in core production areas such as Shandong is good, providing basic support for the market; On the other hand, the lack of clear upward momentum in international crude oil and the unchanged pressure on the PX market, coupled with weak downstream demand, have suppressed prices. Overall, the mixed xylene market lacks a strong driving force for sustained upward or downward movement in the short term, and is expected to maintain a narrow range of fluctuations. It is necessary to focus on improving the demand side and the impact of PX market transmission.

1、 Price trend

Taking sulfuric acid method rutile titanium dioxide, which has a large volume of goods in the domestic market, as an example, according to data monitoring by Business Society, the price of titanium dioxide in the domestic market increased in December. On December 1st, the average price of titanium dioxide was 13500 yuan/ton, and on December 26th, the average price of titanium dioxide was 13740 yuan/ton, with a price increase of 1.78%.
2、 Market analysis
The domestic titanium dioxide market price will increase in December. In the first half of the year, titanium dioxide companies faced significant cost pressure and continued to raise prices last month. The mid market situation is generally wait-and-see, and the titanium dioxide market is in a stalemate. In the latter half of the year, several titanium dioxide companies sent letters again to raise the price of titanium dioxide. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-14300 yuan/ton; The price of Ruiti type is around 12200-12700 yuan/ton, and the actual transaction price is negotiable.
According to customs data statistics, China’s imports of titanium dioxide in November 2025 were approximately 5300 tons, a year-on-year decrease of 20.29% and a month on month decrease of 5.37%. The average monthly import price was $3083 per ton, a month on month decrease of 3.98%.
According to customs data statistics, China’s titanium dioxide exports in November 2025 were approximately 152000 tons, an increase of 1.96% year-on-year and 3.97% month on month. The monthly average export price was 1877 US dollars/ton, a decrease of 0.18% month on month.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that this month’s production costs have had a significant impact, putting pressure on titanium dioxide manufacturers. The market has seen two consecutive rounds of price increases, and manufacturers have shown a positive attitude towards price hikes. The market is still accepting new order quotes. It is expected that the market will operate steadily and positively in the short term, and the actual transaction price will be negotiable.

The price trend of domestic epoxy propane market has declined this week. According to the monitoring system of Shengyi Society, as of December 19th, the benchmark price of Shengyi Society’s epoxy propane was 7850 yuan/ton, an increase of 1.29% compared to December 1st.

Price influencing factors:
Raw material side: This week, the price of raw material propylene has slightly fallen, and the cost side support is insufficient, resulting in a decrease in the market price of epoxy propane. According to the market analysis system of Shengyi Society, as of December 19th, the benchmark price of propylene in Shengyi Society was 6115.75 yuan/ton, a decrease of 1.05% compared to the beginning of this month (6180.75 yuan/ton).
Supply side: Some major manufacturers of epoxy propane have gradually released their production capacity, easing the tight supply situation. Currently, there is sufficient inventory, and downstream procurement follow-up is insufficient, resulting in a downward trend in epoxy propane prices.
Demand side: Downstream demand side procurement sentiment is cold, market transaction orders are limited, small orders are mainly for first-time purchases, the trading atmosphere of epoxy propane enterprises has weakened, and shipments are not smooth. It is expected that the epoxy propane market will mainly operate in a stable to weak manner in the later stage.
Market forecast:
Business Society’s epoxy propane analyst believes that the support for the decline in raw material propylene market prices has weakened, downstream demand side purchasing enthusiasm has weakened, and epoxy propane shipments are not smooth. In addition, with the gradual release of production capacity by some enterprises and sufficient inventory, it is expected that the epoxy propane market will operate steadily and weakly in the short term, and more attention should be paid to changes in raw material prices and market supply and demand.

According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China has shown a strong upward trend this week. As of December 12th, the average market price in East China was 14866 yuan/ton, and on December 8th, the average price was 14666 yuan/ton, with a weekly increase of 1.36% and a year-on-year increase of 15.25%.
The TDI market maintained its upward trend this week. As of this Friday, the domestic offer price for TDI in East China is between 14400-14800 yuan/ton; The Shanghai cargo offer price is around 14800-15000 yuan/ton. The market supply remained tight during the week, with frequent news of price increases and tight supply from major manufacturers. The supplier’s attitude towards price increases, while traders maintain a stable flow of goods. Constrained by the flat and weak demand, the TDI market tends to be strong and push up.
Supply side: Fujian Wanhua TDI plant operates with reduced load; Shanghai Kesichuang TDI plant shutdown maintenance; A TDI unit in South China is experiencing abnormal conditions and is expected to be shut down for at least a week.
Cost aspect: The toluene market is temporarily stable, with relatively calm market trading and flat demand. The market will remain stable this week.
In terms of future analysis, TDI data analysts from Shengyi Society believe that the downstream market has a clear resistance to high priced goods and is cautious in entering the market, which makes it difficult to increase trading volume. The supply side continues to heat up, and it is expected that the TDI market will have a strong trend in the short term.

This week, the domestic phenol market experienced a wide decline. Sinopec’s listing price in East China will be lowered by 300 yuan per ton within the week, with an execution of 6000 yuan per ton. According to data monitored by Shengyi Society, from the perspective of the East China market, the domestic phenol market price was 6163 yuan/ton on December 1st and 5760 yuan/ton on December 5th, a decrease of 6.54%.

From a supply perspective, the inventory of phenol at Jiangyin Port was around 10000 tons at the beginning of the week. Imported and domestic cargo were replenished during the week, but the impact on spot goods was not significant. Overall, the market supply is sufficient, and traders are actively lowering prices for shipments.
From the demand side perspective, downstream terminal enterprises have limited participation in market inquiries. The main reason for the bearish market this time is also that the demand side is difficult to release, and the expectation of breaking the six point threshold has been released ahead of schedule. Factories have significantly lowered their listing prices, causing the market’s low points to be continuously refreshed this year. Currently, the market is affected by low prices, resulting in insufficient transactions and further decline in the center of gravity.
Business Society predicts that the phenol market will operate at a low level. Overall, cost fluctuations have little impact on the phenol market, and the current tight supply-demand relationship is the main factor driving the phenol market to continuously hit new lows this year. From the supply side, there may be parking plans for Yangzhou Shiyou next week, and the overall replenishment of domestic trade cargo is stable; On the demand side, overall procurement is based on demand, with small orders being the main focus, and downstream overall demand is unlikely to change significantly.

The price of plasticizer DOP first fell and then rose in November

According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the DOP price was 7009.16 yuan/ton, which first fell and then rose compared to the DOP price of 7009.16 yuan/ton on November 1st, and increased by 2.31% compared to the DOP price of 6950.83 yuan/ton on November 17th. In November, the price of isooctanol fluctuated and rose, leading to an increase in DOP costs and prices; In November, the operating load of plasticizer DOP enterprises slightly increased, with an operating rate of 70% and an increase in DOP production. Due to the increase in DOP costs and supply, the price of plasticizers first fell and then rose in November.
The price of raw material isooctanol fluctuated and rose in November
According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the price of isooctanol was 6566.67 yuan/ton, a fluctuating increase of 10.36% compared to the price of 5950 yuan/ton on November 1st. Partial enterprises have resumed maintenance of their isooctanol equipment, resulting in an increase in the operating load of isooctanol facilities. The operating rate of isooctanol is 80%, and the supply of isooctanol has increased; The price of propylene fluctuates and rises, while the cost of isooctanol increases; In November, the supply of isooctanol increased, coupled with cost support, and the upward momentum of isooctanol prices increased, with downward pressure still remaining. The price of isooctanol has risen, the cost of plasticizers has increased, and there is still upward pressure on DOP to increase support.
The price of raw material phthalic anhydride fluctuated and fell in November
According to the Commodity Market Analysis System of Shengyi Society, as of November 30th, the price of phthalic anhydride in neighboring countries was 5766.67 yuan/ton, a fluctuating decrease of 3.08% compared to the price of phthalic anhydride on November 1st at 5950 yuan/ton. In November, phthalic anhydride continued to decline, with prices fluctuating and falling. The price of raw material ortho benzene also dropped, resulting in a decrease in costs. The operating rate of phthalic anhydride enterprises slowly increased, and the supply of phthalic anhydride was sufficient; The equipment operating load of downstream enterprises has increased, and the demand for phthalic anhydride still exists to support it. Due to cost reduction and demand support, the price of phthalic anhydride fluctuated and fell in November, and the cost of plasticizers decreased. The downward pressure on plasticizer DOP increased in November.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has risen, while the price of phthalic anhydride has fluctuated and fallen. The downward pressure on the cost of plasticizer DOP still exists, and the upward support is increasing; On the supply side, the operating rate of plasticizer enterprises has slightly increased to 70%, with an increase in plasticizer production and supply. In the future, with increasing supply and rising costs, it is expected that the price of plasticizer DOP will fluctuate and stabilize.

According to the Commodity Market Analysis System of Shengyi Society, the toluene market will fluctuate and rise in November 2025. From November 1st to 28th, the domestic toluene market price rose from 5150 yuan/ton to 5330 yuan/ton, with a price increase of 3.5% during the period.

In the first ten days, the domestic toluene market showed a fluctuating upward trend, with an overall stable to strong rhythm. The ex factory prices of the main refineries in Shandong region have generally increased, providing strong support for the market; The markets in East and South China have followed suit, with prices slightly rising and a lively atmosphere for market negotiations, resulting in good trading order. The demand side has shown steady performance, with downstream chemical and oil blending industries mainly focusing on essential needs for procurement, effectively absorbing upstream price fluctuations, and jointly promoting market growth.
Late November: In the second half of November, the domestic toluene market continued to fluctuate and rise, showing an overall stable to strong operating pattern. At the core driving level, due to the favorable transmission of high crude oil prices, the confidence of participants in the spot market has been significantly boosted, and the main refineries have generally raised their ex factory prices, providing strong support for the market; The demand side has shown steady performance, while the downstream chemical and oil blending industries maintain a pace of on-demand procurement, effectively absorbing upstream price fluctuations. The prices in East and South China have slightly increased, and the market supply and demand are smoothly connected. The negotiation atmosphere is still acceptable, further consolidating the overall upward trend of the market.
Cost wise: International crude oil prices have shown a slight downward trend in this cycle, with multiple negative factors suppressing the core: OPEC+has launched a new round of production increase, and market concerns about long-term oversupply continue to ferment; The regional situation has eased, and the support of geopolitical risks for oil prices has weakened; At the same time, the demand for crude oil in the United States has declined, and its tariff issues have further dragged down the global economic trend and expectations of crude oil demand. Under the resonance of multiple pressures, international oil prices have slightly declined. As of the 26th, the settlement price of the January WTI crude oil futures contract in the United States was $58.65 per barrel. The settlement price of Brent crude oil futures for February is $62.54 per barrel.
Demand side:
According to the Commodity Market Analysis System of Shengyi Society, as of November 28th, the domestic market price of xylene has temporarily stabilized. The execution price of Sinopec Sales Company has increased by 50 yuan/ton compared to the previous period, and is now reported at 6850 yuan/ton. The four major regions of East China, North China, Central China, and South China will uniformly implement this price; The main facilities of Yangzi Petrochemical and Zhenhai Petrochemical are operating stably, and the sales of products are normal. The current price has risen by 150 yuan/ton compared to October 31st, and the overall domestic market is showing a stable upward trend.
In terms of international markets: As of November 27th, the closing price range for xylene in the Asian region is between $801-803/ton (FOB Korea) and $826-828/ton (CFR China), a decrease of $9/ton from October 30th. The performance in the international market is slightly weaker than that in the domestic market.

Market forecast: The domestic toluene market is expected to remain stable in the near future, driven by the trend of crude oil and the supply-demand pattern. The international crude oil market is expected to weaken slightly, which will have a certain impact on the sentiment of the spot market. The demand side continues the characteristics of rigid demand, and downstream enterprises often replenish their inventory according to actual production needs, without any significant increase or decrease in inventory. Overall, the current performance of the toluene market is stable, and it is expected to maintain a stable to weak trend in the short term due to the transmission effect of the short-term decline in crude oil.