Chempricehub, May 29
The mainstream spot price range for toluene in the East China market is quoted at 6,920-6,950 RMB/ton, down 20 RMB/ton from the previous trading day. Toward the end of the month, the trading atmosphere for toluene and xylene remains relatively subdued, with limited fluctuations in crude oil futures prices and a stable night session for bulk aromatics. The market still holds a bearish outlook for crude oil in the long term, leading traders to maintain a cautious procurement stance. The long-short tug-of-war is relatively balanced, resulting in narrow-range fluctuations in the spot market.