In East China, mainstream toluene spot offers were quoted at 7,850–7,950 yuan/mt, up from the previous trading day. Recently, spot prices of toluene and xylene have edged higher. Supported by continuously firm overnight crude oil prices and tight domestic spot supply of both products, holders showed a strong willingness to hold prices firm and adopt a wait-and-see attitude toward selling. However, downstream buyers maintained procurement on an as-needed basis, and spot market prices are experiencing high-level fluctuations.
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