February 11th News: The mainstream quotation range for toluene in the South China market today is 5,450–5,580 yuan/ton, down 20 yuan/ton from the previous trading day. Sinopec South China's listed prices for toluene are as follows: Guangzhou Petrochemical at 5,500 yuan/ton, Maoming Petrochemical at 5,500 yuan/ton, and Zhongke Refining & Chemical at 5,500 yuan/ton. Spot trading tends to be subdued ahead of the Spring Festival. In the previous trading day, domestic toluene and xylene prices remained range-bound, and a narrow fluctuation is expected within the day. Crude oil fluctuations are limited, while aromatics showed slight strength in the night session, with related product spreads remaining stable. Refineries currently face limited supply pressure, and port inventories are at moderate levels. As the Spring Festival approaches, market trading activity is weakening, and prices are expected to remain stable.