January 08 News The mainstream quotation range for toluene in the South China market today is 5,400–5,450 yuan/ton, down 20 yuan/ton from the previous trading day. Sinopec South China Company's listed toluene prices: Guangzhou Petrochemical at 5,400 yuan/ton, Maoming Petrochemical at 5,400 yuan/ton, and Sinopec Zhongke Refining & Chemical at 5,400 yuan/ton. Currently, the quotations from major refineries remain firm, spot market trading is acceptable, downstream demand is primarily for rigid needs, and market negotiation sentiment is relatively subdued. Today, spot market quotations have slightly declined. Chempricehub Analysis of Toluene, Bull-Bear Score: -1 Spot prices have decreased by 20 yuan/ton to 5,400–5,450 yuan/ton, indicating ample market supply or weak demand. Firm refinery quotations provide some support, but downstream procurement is limited to rigid needs, and negotiation sentiment is subdued, suggesting insufficient demand, which puts downward pressure on spot prices. Overall, this constitutes a generally bearish impact on toluene spot prices.