March 23 (Reuters) - The mainstream spot quotation for toluene in East China is in the range of 7,900-7,950 yuan/ton, up 450 yuan/ton from the previous trading day. Over the weekend, toluene and xylene prices rose sharply, supported by tightening market supply, leading to a significant improvement in overall buying sentiment. Aromatics night trading also generally strengthened. Driven by tight supply and positive market sentiment, it is expected that the market will fluctuate with a strong bias during the day, and prices in other domestic regions are expected to follow suit. The aromatics market is expected to maintain a strong pattern in the short term.

Chempricehub Analysis:
Toluene, Bull-Bear Score: 2
Spot quotations for toluene in East China rose by 450 yuan/ton to 7,900-7,950 yuan/ton, a significant increase. Tightening market supply and improved buying sentiment are the main driving factors, while the strengthening of aromatics night trading further supports prices. Given the tight supply situation, the market is expected to fluctuate with a strong bias in the short term, and prices in other regions may follow suit, which is generally favorable for spot market conditions.

Xylene, Bull-Bear Score: 2
Xylene prices rose sharply, influenced by tightening market supply and improved buying sentiment, moving in sync with toluene. Aromatics night trading generally strengthened, and with tight supply combined with positive sentiment, the market is expected to maintain a strong pattern in the short term, benefiting spot prices.