January 30th — The mainstream quotation range for toluene in the Shandong region during the morning session is between 5,550 and 5,650 yuan/ton, representing an increase of 50 yuan/ton compared to the previous trading day. Quotations from major refineries in the province have generally seen slight upward adjustments. Trading activity in the spot market remains favorable, with downstream users restocking based on demand. Recent inquiries have been relatively active, and refinery inventories are operating at relatively low levels, providing a slight boost to the spot market's recovery. Chempricehub's analysis of toluene indicates a bullish-bearish score of 1.5. The mainstream quotation range for toluene in the Shandong spot market has increased by 50 yuan/ton to 5,550–5,650 yuan/ton. Refinery quotations have generally seen slight upward adjustments, and spot trading activity is active, with downstream users showing stronger willingness to restock based on demand. Recent inquiries have been favorable. Refinery inventories are operating at low levels, providing strong support and boosting market sentiment, which is favorable for the upward trend in spot prices. This indicates an improvement in demand, while the supply remains relatively tight. It is expected that spot prices will continue to rise moderately in the short term.