Recently, due to the influence of tariff policies and the demand side, the overall toluene and xylene have shown a downward trend and are operating under pressure.
During the May Day holiday, the current situation shows that the pre-holiday stockpiling is mainly for essential needs. The market is lukewarm, with the listed prices of major refineries falling further. In the Shandong region, the market prices are mostly set based on their own inventory conditions, with varying levels. Currently, there is a lack of effective support, and the overall market is operating weakly. It is necessary to closely monitor the external news (the impact of tariff implementation and the news of Opec's meeting at the end of the month), and operate with caution.
