February 6th News: The mainstream morning quotation range for toluene in the Shandong region is 5,330–5,380 yuan/ton, representing a decrease of 70 yuan/ton compared to the previous trading day. In the previous trading day, domestic toluene and xylene prices both experienced varying degrees of decline. The aromatics market continued its weak trend during the night session, coupled with a continuous reduction in downstream spot replenishment demand before the Spring Festival. Market buying interest is expected to remain weak during the day. Although refinery inventories are mostly at low levels, there is no expectation of a further deepening of short-term supply-demand structural contradictions. Considering the overall weak market sentiment, it is anticipated that the bid prices for toluene and xylene will continue to experience slight downward pressure during the day. Chempricehub Analysis: Toluene, Bull-Bear Score: -1 The article indicates that spot quotations for toluene in the Shandong region have decreased by 70 yuan/ton to 5,330–5,380 yuan/ton, with an overall weak market sentiment. Prices declined in the previous trading day, and the aromatics market continued its weak trend during the night session. Combined with reduced downstream replenishment demand before the Spring Festival, buying interest is expected to remain sluggish during the day. Although refinery inventories are at low levels and the supply-demand structural contradiction has not deepened further, comprehensive factors suggest that prices will continue to experience slight downward pressure, exerting a generally bearish impact on spot prices. Xylene, Bull-Bear Score: -1 The article mentions that spot prices for xylene have also declined, with bid prices expected to continue experiencing slight downward pressure during the day. The market is influenced by the overall weak trend in aromatics, and downstream demand has weakened due to reduced replenishment demand before the Spring Festival, resulting in sluggish buying interest. Although low refinery inventories have alleviated some downward pressure, the overall supply-demand contradiction has not improved, leading to price pressure and exerting a generally bearish impact on spot prices.