March 2nd News — In the Shandong region, the early morning mainstream quotation range for toluene is between 5,650 and 5,700 yuan per ton, representing an increase of 250 yuan per ton compared to the previous trading day. Geopolitical conflicts have driven a significant rise in crude oil prices, leading to continued strength in toluene and xylene. Refineries are experiencing smooth sales, and today, holders are showing strong reluctance to sell and are actively supporting prices. It is expected that market prices will trend strongly. Chempricehub Analysis Toluene, Bull-Bear Score: +2 The article indicates that spot prices of toluene in the Shandong region have increased by 250 yuan per ton to a range of 5,650–5,700 yuan per ton. This is primarily driven by geopolitical conflicts causing a sharp rise in crude oil prices. The market remains strong, with refineries achieving smooth sales, and holders are reluctant to sell while actively supporting prices. Prices are expected to remain firm. This suggests tightening spot supply and robust demand support, with significant positive factors at play. Therefore, a major bullish score of +2 is assigned. Xylene, Bull-Bear Score: +1.5 The article mentions that xylene is closely linked to toluene and is similarly driven by rising crude oil prices and market sentiment, maintaining its strength. Although specific price data is not provided, the overall market atmosphere is favorable. Smooth refinery sales and the reluctance to sell while supporting prices are expected to sustain strong price trends. Based on correlation analysis, spot prices are positively influenced, but the information is slightly less detailed compared to toluene. Therefore, a moderately bullish score of +1.5 is assigned.