The mainstream spot toluene offer range in the East China market is 6900–6930 CNY/ton, down 20 CNY/ton from the previous trading day. A significant surge in crude oil prices boosted the aromatics night trading session, benefiting spot toluene and xylene market conditions. Previously, market prices had been largely moving sideways. Due to constrained downstream demand and the approaching closure of the toluene export arbitrage window, traders adopted a cautious procurement approach. The market is expected to maintain a narrow range fluctuation in the short term.
Comments
0