On June 1, Sinopec South China Company's toluene listed price was executed at 6,900 yuan/ton. Overnight crude oil closed lower and rebounded slightly during the session, while aromatics overall showed little movement overnight, with the market lacking a clear direction. Influenced by expectations of weaker crude oil futures, market sentiment remained cautious, with weak downstream purchasing intentions and light trading activity, dragging toluene and xylene prices down slightly recently. However, cost support and end-user demand provided a cushion, and the market is expected to continue narrow-range fluctuations in the short term.
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