The mainstream quotation range for toluene in South China today is 5450-5610 yuan/ton, up by 30 yuan/ton compared to the previous trading day. The listed prices of Sinopec South China Company for toluene are as follows: Guangzhou Petrochemical at 5500 yuan/ton, Maoming Petrochemical at 5500 yuan/ton, and Sinochem Refining and Chemical at 5500 yuan/ton. In the previous trading day, domestic toluene and xylene prices were mainly consolidating sideways. Recently, there has been no clear trend guidance from crude oil and the aromatics sector, and the market overall lacks direction. It is expected that prices will continue to fluctuate within a narrow range. With the Spring Festival approaching, expectations for downstream pre-holiday restocking demand are further weakening. However, refinery inventory pressure is not significant, and sales are steady, limiting the room for short-term price adjustments.
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