This week, due to the impact of tariff news and crude oil, the market for toluene and xylene has become more active, with a reduction in low-priced resources and a rising trend. On the part of refineries, the purchasing enthusiasm of some terminal customers has increased, and there is no inventory pressure, causing the market focus to shift upward.
It is expected that next week, we should closely monitor external news and the impact of the Russia-Ukraine negotiations. Overall, refineries have no inventory pressure and low inventory capacity, and will mainly execute previous orders, remaining firm. However, the risk of a sharp rise followed by a fall should be handled with caution.
