Chempricehub, October 9
On October 9, Sinopec South China Company set the posted price for toluene at RMB 9,250 per ton. Following the holiday, prices of toluene and xylene generally trended upward. Strength in crude oil markets has boosted aromatics futures, while demand from the paraxylene (PX) sector is expected to improve. Currently, spot market inventories remain low, chemical demand is robust, and export arbitrage opportunities have opened, providing strong supply-demand support. The spot market is therefore expected to maintain a stable-to-strong trajectory.
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