ChemPriceHub, September 30 — Sinopec South China Company set its posted price for toluene at RMB 9,000 per ton on September 30. On the previous trading day, the trends for toluene and xylene diverged: yesterday, strong support from pure benzene lifted toluene prices, while xylene prices declined following delivery settlements. A sharp drop in crude oil prices, compounded by sluggish pre-holiday trading activity, put pressure on the spot market. However, tight spot supply and refinery presales limited further price reductions. The aromatics futures market currently lacks clear directional guidance, with short-term movements expected to remain within a narrow range; intraday trading is likely to feature price stabilization amid mild fluctuations.
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