The mainstream spot quotation range for xylene in the East China market is 5,780-5,800 yuan/ton, unchanged from the previous trading day. Influenced by the decline in WTI crude oil settlement, the weakening of PX night trading, and concerns over ample supply triggered by expectations of Venezuelan oil supply, the toluene and xylene markets are expected to experience a slight downward fluctuation during the day. However, low domestic spot inventory and a wide PX-MX price spread provide strong support, limiting the extent of short-term price declines. As a result, prices are unlikely to break out of the current volatile pattern.
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