In East China, the mainstream spot toluene prices were quoted in the range of RMB 6,450–6,460 per metric ton, up RMB 30/mt from the previous trading day. Domestic toluene and xylene markets paused their decline and entered a sideways consolidation, with the earlier downtrend temporarily easing. The recovery in crude oil prices has provided cost support to the market, leading to a slight rebound in sentiment. However, geopolitical uncertainties persist, and market participants remain cautious, with limited bullish positioning capping the upside potential. Downstream players are only making hand-to-mouth purchases, reflecting subdued overall demand, while low operating rates across the sector fail to provide meaningful support. The aromatics market is expected to experience small upward fluctuations with a firm undertone in the short term.
Comments
0