April 16th — The mainstream spot quotation range for toluene in the East China market is 7,500–7,580 yuan/ton, down 70 yuan/ton from the previous trading day. The aromatics arbitrage window remains open, and the price spreads between PX and mixed xylene, as well as between benzene and toluene, continue to be wide, providing significant support for product prices. However, due to the persistent weakness in crude oil, market sentiment remains subdued, with downstream procurement generally cautious. In the previous trading session, toluene and xylene showed divergent trends, with toluene experiencing a slight decline while xylene saw a modest increase. In the short term, supply-demand dynamics and cost factors are expected to balance each other out, and the markets for both products are likely to continue trading within a narrow range.