The mainstream spot quotation range for toluene in the East China market is 5,400–5,500 yuan/ton, unchanged from the previous trading day. In the previous trading day, domestic toluene and xylene prices remained largely stable. In the near term, there is no clear trend guidance from the crude oil and aromatics sectors, and the overall market lacks direction. Prices are expected to continue fluctuating within a narrow range. As the Spring Festival approaches, downstream pre-holiday restocking demand is anticipated to further weaken. However, with refineries facing limited inventory pressure and maintaining steady sales, the room for short-term price adjustments remains relatively limited.