Chempricehub, June 24
The mainstream spot offers for xylene in East China range from 6,320 to 6,350 yuan/ton, down 80 yuan/ton from the previous trading day. Domestic toluene and xylene markets continue to consolidate on a weak note. Last night, crude oil and aromatics commodity night sessions continued to decline, leaving cost-side support insufficient. Market buying sentiment is cautious, with downstream mostly maintaining just-in-demand procurement and trading activity remaining low. However, end-month holding costs still provide some support, and some production plants are under maintenance while port inventory pressure remains controllable, limiting the downside room for prices. Under bearish dominance, short-term toluene and xylene prices are likely to maintain weak volatility.