Trading Situation of Toluene Market in East China on January 30

The mainstream spot quotation range for toluene in the East China market is 5,600-5,650 yuan/ton, an increase of 80 yuan/ton compared to the previous trading day. In the previous trading day, toluene and xylene prices continued to rise, with toluene showing a stronger upward trend following benzene. Supported by the significant overnight surge in crude oil, the aromatics market is expected to move higher in tandem today. Toluene and xylene prices may rise proportionally alongside benzene and PX. Attention should be paid to the gains in related futures and market buying activity.