February 6th News — The mainstream quotation range for toluene in the South China market today is 5,450–5,580 yuan/ton, unchanged from the previous trading day. Sinopec South China’s listed toluene prices are as follows: Guangzhou Petrochemical at 5,400 yuan/ton, Maoming Petrochemical at 5,400 yuan/ton, and Zhongke Refining & Chemical at 5,400 yuan/ton. In the previous trading day, domestic toluene and xylene market prices declined to varying degrees. The aromatics market continued its weak trend during the night session, coupled with a continuous reduction in downstream spot restocking demand ahead of 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 bidding 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 the mainstream quotation for toluene in the South China market remains unchanged at 5,450–5,580 yuan/ton. However, influenced by the weak trend in the aromatics market during the night session and the continuous reduction in downstream spot restocking demand ahead of the Spring Festival, market buying interest is expected to be weak. Although refinery inventories are at low levels and the supply-demand structural contradiction has not deepened, the overall market sentiment is bearish. It is anticipated that prices will experience slight downward pressure during the day, reflecting a generally bearish trend. Xylene, Bull-Bear Score: -1 The article mentions that xylene market prices also declined and predicts that bidding prices will continue to experience slight downward pressure during the day. Reasons include the continued weak trend in the aromatics market during the night session, reduced downstream demand leading to insufficient buying interest, and the overall weak market sentiment. Although the supply-demand contradiction has not significantly worsened, bearish factors dominate, and prices are expected to face downward pressure, representing a generally bearish influence.