April 24 News – On April 24, Sinopec South China Company’s toluene挂牌 price was executed at 7,000 yuan/ton, unchanged from the previous trading day. Benefiting from concentrated bargain hunting by downstream buyers in recent days, market transactions saw a volume surge. Coupled with the recent strength in crude oil prices providing cost support, toluene and xylene market prices achieved a volatile rebound during the previous trading day. It is expected that the market will continue to maintain a firm and volatile trend during the day, with offers generally strong. However, close attention should be paid to the willingness of production enterprises to sell before the upcoming May Day holiday. Moreover, the current willingness of traders to hold positions remains weak. Under the influence of multiple factors, the short-term market price rebound is limited. Chempricehub evaluates toluene: Bullish/Bearish Score: +1. The article shows that the spot price of toluene remains unchanged at 7,000 yuan/ton. However, driven by concentrated downstream bargain hunting, increased market transaction volumes, and cost support from stronger crude oil prices, the market price achieved a volatile rebound. It is expected to maintain a firm and volatile trend during the day, with offers generally strong. Nevertheless, the willingness of production enterprises to sell before the May Day holiday strengthens, traders' willingness to hold positions remains weak, and multiple constraints limit the rebound space. The score is +1 (generally bullish), as cost support and improved demand drive short-term price increases, but the rebound magnitude is limited. Xylene: Bullish/Bearish Score: +1. The article mentions that xylene market prices also achieved a volatile rebound, influenced by cost support from stronger crude oil prices and downstream replenishment. Similar to toluene, it is expected to maintain a firm and volatile trend during the day, generally strong. However, limited by the willingness of production enterprises to sell before the May Day holiday and traders' weak position-holding willingness, the rebound space is limited. The score is +1 (generally bullish), as external favorable factors drive price increases, but internal constraints weaken the rebound momentum.