Last week, the war situation in the Middle East was still tense, and crude oil prices continued to fluctuate greatly. Toluene and xylene port cargoes were concentrated at the port at the end of the month, and the inventory quantity increased. Due to cost constraints, the market price was relatively stable. The market price of refineries in Shandong Province fell after a surge. At present, most of them are mainly executing previous orders, and the market transaction volume is average.
After that, the market is still affected by the situation in the Middle East this week. Market participants are relatively cautious, and most of them operate on demand. The market price is currently in a stalemate. It is necessary to pay close attention to the impact of external news, especially the impact on the market during the US election. It is necessary to follow the market rhythm and operate cautiously.
