Chempricehub May 29 News
In the South China toluene market, the mainstream quotation today is 6,900-7,050 yuan/ton, down 100 yuan/ton from the previous trading day. Trading sentiment in the toluene and xylene markets remains subdued at the end of the month, with limited fluctuations in crude oil futures and a relatively stable performance in bulk aromatics during overnight trading. Market expectations for the long-term outlook on crude oil remain bearish, leading to a cautious purchasing attitude among traders. The tug-of-war between bullish and bearish forces is relatively balanced, resulting in narrow fluctuations in the spot market.