On June 18, Sinopec South China Company's listed price for toluene was set at 6,500 RMB/ton. As the Dragon Boat Festival holiday approaches, market trading sentiment has turned subdued. Recently, prices for toluene and xylene have continued to decline, putting the market under pressure. Overnight crude oil posted a modest gain, leading to a slight recovery in aromatics markets and providing some support. However, pre-holiday end-user purchasing intentions remain weak, and the market lacks upward momentum. Short-term trends are unlikely to see significant changes and are expected to move in a stable, fluctuating pattern.
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