Today, the mainstream quotation range for toluene in the South China market is 5,450–5,580 yuan/ton, unchanged from the previous trading day. The listed prices of toluene from Sinopec South China Company are as follows: Guangzhou Petrochemical at 5,400 yuan/ton, Maoming Petrochemical at 5,400 yuan/ton, and Zhongke Refining & Chemical at 5,400 yuan/ton. In the previous trading day, domestic toluene and xylene prices experienced varying degrees of decline. The aromatics market continued its weak trend during the night session, compounded by the ongoing reduction in downstream spot restocking demand ahead of the Spring Festival. Market buying interest is expected to remain weak during the day. However, refinery inventories are mostly at low levels, and there is no expectation of a further deepening of short-term supply-demand structural imbalances. Considering the overall weak market sentiment, it is anticipated that the bidding prices for toluene and xylene will continue to experience slight downward pressure during the day.
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