South China toluene quotations raised; market expected to fluctuate with a bullish bias.

Chempricehub July 13 News
The toluene market in South China today sees mainstream quotes ranging from 6,250 to 6,600 yuan/ton, up from the previous trading day. Sinopec South China Company’s toluene ex-works price is set at 6,250 yuan/ton. Intraday crude oil remains relatively strong, with the aromatics sector showing an overall positive trend. Combined with ongoing geopolitical disturbances in the Middle East and tight spot supply, spot market support remains relatively strong. It is expected that the toluene and xylene markets will continue to exhibit a relatively strong and volatile trend today.