March 4th — The mainstream quotation range for toluene in the South China market today is 5,900–6,100 yuan/ton, an increase of 200 yuan/ton compared to the average price of the previous trading day. Sinopec South China Company raised its listed price for toluene by 300 yuan/ton to 6,100 yuan/ton. Geopolitical conflicts have driven a significant surge in crude oil prices, with toluene and xylene continuing to show strong momentum. In the previous trading session, domestic toluene and xylene prices surged sharply, driven by news of tightening supply, which propelled a broad rally in the aromatics market. The market maintained 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 mainstream spot quotation range for toluene in South China has increased by 200 yuan/ton to 5,900–6,100 yuan/ton. Sinopec South China Company raised its listed price by 300 yuan/ton to 6,100 yuan/ton. Geopolitical conflicts have driven a sharp rise in crude oil prices, while news of tightening supply has further supported toluene prices, maintaining their strong momentum. Market supply and demand remain tight, with stable downstream demand. The intraday trend remains strong, and spot prices are expected to continue rising, with significant positive factors at play. A score of +2 reflects a major bullish outlook, driven by both supply constraints and rising crude oil prices, which have collectively pushed prices significantly higher. Xylene, Bull-Bear Score: +2 The article mentions that xylene, like toluene, continues to show strong momentum, with prices surging sharply in the previous trading session. This is attributed to rising crude oil prices and tightening supply across the aromatics market. Although specific quotation data are not provided, geopolitical conflicts and reduced supply jointly support price increases, with the market maintaining a strong trend. Spot prices are expected to benefit from crude oil-driven momentum and positive factors in the aromatics chain, indicating a significant bullish outlook. A score of +2 is based on major positive factors, as xylene’s strong correlation with toluene and external drivers are fueling robust price gains.