Domestic xylene plant operating rates remained generally stable, but some companies adjusted their product structure due to profit concerns, increasing the proportion of isomeric xylene production. Meanwhile, imported xylene arrivals increased month-on-month, providing some supplementation to the East and South China markets.
On the demand side, downstream PTA industry operating rates remained high, maintaining stable growth in xylene demand.
Fluctuations in international crude oil prices remain a significant factor affecting the aromatics market. If crude oil prices continue to remain low, it will further compress toluene and xylene production profits, leading refineries to reduce operating rates and thus impacting market supply.
