The mainstream spot quotation range for xylene in the East China market stands at 6,700–6,770 CNY/ton, up 80 CNY/ton from the previous trading day. Yesterday, toluene and xylene moved higher amid volatile trading, while overnight fluctuations in crude oil and overseas aromatics benchmarks narrowed, leaving cost support weak. Downstream buyers are procuring on an as-needed basis with limited enthusiasm to chase price gains; today, the market is expected to consolidate within a narrow range to absorb the prior increase. Continued attention should be paid to geopolitical developments in the Middle East and trends in overseas aromatics markets.
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