April 15 - The mainstream spot quotation range for toluene in East China is 7,600-7,650 yuan/ton. Overnight crude oil prices fell sharply, dragging down overall market sentiment and leading to a pessimistic outlook. Buyer quotations during the day may follow the downward trend. However, current toluene and xylene prices are relatively low compared to the previous period when crude oil prices were high. Additionally, the strong performance of PX and benzene in overnight trading provides some support due to the inter-product price differential advantages. Overall, toluene and xylene market prices are expected to show a weak and fluctuating trend during the day.
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