East China toluene market mainstream spot quotations ranged at 7,050–7,150 RMB/ton, up 50 RMB/ton from the previous trading day. The toluene and xylene markets moved higher, underpinned by tight spot supply and firm downstream demand, providing ample support for spot prices. With crude oil gains narrowing, the aromatics complex lacks additional upward momentum on the screen. In the near term, the market is expected to remain rangebound at elevated levels, with primary focus on digesting the recent gains through consolidation.
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