February 6th News: In the Shandong region, the mainstream quoted price range for xylene is 5,550–5,580 yuan/ton, unchanged from the previous trading day. On the previous trading day, domestic toluene and xylene prices both experienced varying degrees of decline. During the night session, the aromatics market continued its weak trend. Additionally, downstream spot restocking demand before the Spring Festival has been continuously shrinking. Market buying interest is expected to remain weak during the day. Although refinery inventories are mostly at low levels, the structural supply-demand imbalance is not expected to deepen further in the short term. 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: Mixed Xylene, Bull-Bear Score: -1 The article notes that mixed xylene quotations in the Shandong region remain unchanged, but prices declined on the previous trading day. The aromatics market continued its weak trend during the night session, and with downstream spot restocking demand shrinking before the Spring Festival, market buying interest is expected to remain weak. Although refinery inventories are low, the structural supply-demand imbalance has not deepened. Given the overall weak market sentiment, prices are expected to continue experiencing slight downward pressure during the day. This reflects weak demand and supply pressure, forming a generally bearish impact on spot prices and potentially leading to further price declines. Toluene, Bull-Bear Score: -1 The article mentions that domestic toluene prices declined on the previous trading day. Similar to xylene, toluene is affected by the weak aromatics market and reduced downstream restocking before the Spring Festival, with market buying interest expected to remain weak. Although refinery inventories are low, the supply-demand imbalance has not intensified. Considering the overall weak market sentiment, bidding prices are expected to experience slight downward pressure during the day. This indicates a contraction in demand and negative overall market sentiment, posing a generally bearish pressure on spot prices and potentially triggering a downward price trend.