April 2nd News: The mainstream quotation range in the South China toluene market today is 8,300–8,400 yuan/ton, down 200 yuan/ton compared to the previous trading day. Close attention should be paid to the progress of Iran negotiations, as well as changes in crude oil and market sentiment. Currently, spot supply of toluene and xylene is tight, but downstream procurement remains cautious and demand is weak. Coupled with the weaker performance of crude oil and aromatics in overnight trading, the short-term market is expected to remain in a weak consolidation phase.