The mainstream spot quotations for toluene in the East China region are currently in the range of 6,800–6,850 CNY/ton, down 50 CNY/ton from the previous trading day. Yesterday, toluene and xylene trading showed slight fluctuations with limited volatility. Overnight, a significant rise in crude oil prices provided positive support to the market, while downstream buyers maintained a cautious purchasing attitude. Going forward, close attention should be paid to the trend guidance of crude oil and aromatics products. In the short term, toluene and xylene markets are expected to maintain range-bound fluctuations.
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