Affected by the escalation of the situation in the Middle East, crude oil fluctuated upward. Although toluene and xylene in East China rebounded, but domestic demand was weak and purchasing enthusiasm was lacking. Refineries had some storage pressure and shipments were not smooth. The mentality of buying high and not buying low led to a continuous decline in prices. The overall market was weak.
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The inventory of toluene and xylene in East China has increased relatively, and there is still shipment pressure in refineries in the short term. The execution progress of contract households is not good, and there are many uncertain factors in external news. However, the overall domestic demand is limited, and it is expected that there is still room for decline. The short-term operation is weak. Pay close attention to the impact of changes in supply and demand and operate with caution.
