Market Trading Situation of Xylene in East China on February 5th

The mainstream spot quotation range for xylene in the East China market is 5,700-5,750 yuan/ton, up 10 yuan/ton from the previous trading day. Overnight crude oil continued to rise, while the aromatics night session remained relatively stable. In the previous trading day, domestic toluene and xylene prices showed a slight recovery trend. Currently, domestic toluene and xylene inventories are at low levels, with no significant pressure on the supply side. The focus for the day will be on the overall sentiment in the aromatics market and the pace of downstream restocking before the Spring Festival. If downstream restocking demand strengthens, prices are expected to continue their narrow upward trend.