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Toluene and xylene, these two colorless and aromatic liquids, are actually not unfamiliar in our daily lives. Due to their volatile and flammable properties, they…

After the holiday, Shandong refineries, free from inventory pressure due to pre-holiday stock clearance and with some units temporarily shut down, saw a rise in toluene and xylene prices as they replenished stocks post-holiday.

During the Spring Festival in 2025, the domestic acetone market operated stably with a basically balanced supply and demand relationship, and prices fluctuated slightly. Impacted by the shutdown during the Spring Festival holidays and slowed logistics, the market trading atmosphere was relatively subdued. However, sufficient pre-holiday stockpiling prevented any noticeable supply shortages.

The recent probability of crude oil exhibiting a relatively strong performance is high, which continues to provide a certain degree of support for styrene. The broad balance in supply and demand at the benzene end has improved, but its impact on styrene is not significant, and it is likely to mainly follow the trend of styrene.

Currently, mainstream factories of ethyl acetate have low inventory levels, and their inventory depletion plans during the Lunar New Year holiday period are basically in place. The main bidding factories have relatively low volumes for distant future delivery, significantly affected by transportation issues.

This week, domestic pure benzene supply remained relatively stable; however, a decrease in incoming ships coupled with a significant increase in downstream demand due to concentrated pre-holiday stockpiling led to a substantial surge in pure benzene transaction prices, fueled by crude oil prices.