February 28th News: The mainstream quotation range for toluene in the South China market today is 5,400–5,550 yuan/ton, up 25 yuan/ton from the average price of the previous trading day. Sinopec South China Company'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. The domestic toluene and xylene markets are consolidating sideways. In the previous trading day, domestic toluene and xylene prices weakened slightly, with subdued buying interest. Crude oil prices surged due to the U.S.-Iran situation, which may support stronger market quotations today. However, as the futures market is closed on Saturday, downstream buyers are cautious in following up, and the upside potential is likely limited.