March 25 — The mainstream quotation range for toluene in the South China market today is between 8,000 and 8,310 yuan/ton. Sinopec South China Company's ex-factory price for toluene is set at 8,300 yuan/ton. In the previous trading session, toluene and xylene prices experienced a downward fluctuation. Despite the higher closing of international crude oil, intraday declines occurred, coupled with the overall weakness in the aromatics night market, leading to weaker market confidence. However, the current domestic spot supply remains tight, providing support for today's high-level volatility in the spot market.
Chempricehub's analysis of toluene shows a long-short score of +1. The article indicates that the South China toluene spot market is strongly supported by persistently tight domestic supply. Although intraday declines in international crude oil and overall weakness in the aromatics night market have weakened market confidence, supply tightness remains the dominant factor driving today's high-level volatility. This reflects the positive impact of tight supply-demand fundamentals in the spot market, with expectations of maintaining firm prices or moderate upward pressure. The long-short score of +1.0 reflects a generally positive influence.
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