South China toluene market mainstream offers today are 7000-7200 RMB/ton, up 50 RMB/ton from the previous trading day. Prices of toluene and xylene continued to rise in the previous trading day, and current prices are at elevated levels, with significant upward pressure for further gains. Although supply-demand fundamentals still provide some support, the spot market is expected to fluctuate at high levels amid the supply-demand tug-of-war sentiment.
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