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SunSirs: Domestic Toluene Market Situation on August 20th
August 21 2024 15:01:09SunSirs(John)

On August 20th, the mainstream price range for toluene in the Shandong region was 6,930-6,950 RMB/ton in the morning, a decrease of 20 RMB/ton compared to the previous trading day. On the 20th, market quotations were generally lowered, with a wait-and-see attitude in the market. Local refineries' quotes were generally lowered, and the overall market atmosphere was weak.

On August 20th, the mainstream price range for toluene in the South China market was between 7,000-7,020 RMB/ton, a decrease of 100 RMB/ton compared to the previous trading day. The weak operation of the crude oil market had dragged down the mentality of the spot market, and the enthusiasm for downstream inquiries was still acceptable, resulting in an overall weaker operation of the market.

On August 20th, the mainstream price range for toluene in the East China region was between 6,850-6,880 RMB/ton, a decrease of 20 RMB/ton from the previous trading day. On the morning of the 20th, market offers were low, downstream inquiries were few, and the market was mainly wait-and-see with limited trading.

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