On October 27, Sinopec South China Company set the posted price for xylene at RMB 9,500 per ton. During the previous trading day, toluene and xylene markets exhibited bullish trends. Elevated crude oil prices provided cost-side support, while tight domestic spot supply underpinned market sentiment. However, aromatics weakened in the night session; buyers remained cautious with follow-up purchases, downstream users maintained procurement based on essential demand only, and overall trading activity was moderate. The market is expected to continue consolidating at elevated levels.
Comments
0