On July 6, Sinopec South China's toluene listed price was executed at 6,050 RMB/ton. Toluene and xylene spot prices edged up slightly, maintaining a narrow consolidation trend. Overnight crude oil closed higher, and the aromatics night session showed strong performance, providing some support from the cost side, which slightly lifted market sentiment. However, domestic end-user demand remained subdued, with sectors such as coatings and blending oils purchasing on an as-needed basis, resulting in insufficient trading activity. Supply remained relatively ample, and inventory pressure persisted, limiting upside momentum. In the short term, toluene and xylene are expected to maintain a range-bound fluctuation trend.
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