March 4th — The mainstream quotation range for toluene in the Shandong region during the early morning session is 6,080–6,100 yuan/ton, representing an increase of 300 yuan/ton compared to the previous trading day. Geopolitical tensions have driven a sharp rise in crude oil prices, with toluene and xylene maintaining strong momentum. In the previous trading session, domestic toluene and xylene prices surged significantly, driven by supply tightening news, leading to a broad-based rally in the aromatic market. The market continues to exhibit a strong trend during the day, with a focus on downstream transaction activity. Chempricehub Analysis: Toluene, Bull-Bear Score: 2 The article indicates that the spot price of toluene in the Shandong region has risen sharply by 300 yuan/ton to 6,080–6,100 yuan/ton, primarily driven by geopolitical tensions pushing up crude oil prices and supply tightening news, resulting in a broad-based rally in the aromatic market. The market continues to show a strong trend, with supply-side tightening and crude oil cost support reinforcing the upward trend in spot prices. It is expected that prices will continue to rise in the short term, with significant positive factors at play. Xylene, Bull-Bear Score: 2 The article mentions that xylene, like toluene, continues to exhibit strong momentum, with prices surging significantly in the previous trading session, driven by rising crude oil prices and supply tightening. The increase in crude oil costs due to geopolitical tensions and overall supply tightness in the aromatic market support the strengthening of xylene spot prices. Market expectations remain bullish, with prominent positive factors.