May 13 News – In East China, the mainstream spot toluene offer range is 7,100–7,180 RMB/ton, up 50 RMB/ton from the previous trading day. The toluene and xylene markets experienced narrow-range fluctuations in the prior session. Overnight, international crude oil prices surged sharply, providing a strong boost to the spot market and significantly strengthening price support sentiment. Meanwhile, stable export demand and improved profitability in certain downstream segments further revitalized market sentiment.

Chempricehub Toluene Assessment – Bull/Bear Score: 1
In East China, the mainstream spot toluene offer range stands at 7,100–7,180 RMB/ton, up 50 RMB/ton from the previous day. The overnight surge in international crude oil prices provided strong cost-side support, markedly enhancing price support sentiment. Coupled with steady export demand and improved downstream profitability that drove a recovery in trading activity, the assessment points to a generally positive effect on toluene prices.

Xylene – Bull/Bear Score: 0.5
The xylene market traded in a narrow range during the prior session. The sharp overnight rise in international crude oil prices provided a uniform cost-side boost to aromatics spot products, similarly strengthening price support sentiment in the xylene market, with a mildly positive impact on prices.

Crude Oil – Bull/Bear Score: 0
The report only references the sharp overnight increase in international crude oil prices, without disclosing information on crude supply/demand fundamentals or subsequent price trends. The impact on crude oil prices is neutral.