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Home > Toluene News > News Detail
Toluene News
SunSirs: The Trend of Domestic Toluene Market on July 4
July 05 2022 12:56:56SunSirs(John)

1. Price summary on July 4:

Shijiazhuang Refinery's toluene price was 8,750 RMB/ton, Qilu Petrochemical's toluene price was 8,750 RMB/ton, Yamba’s toluene price wass 9,000 RMB/ton, Guangzhou Petrochemical's toluene price was 9,000 RMB/ton, Maoming Petrochemical's toluene price was 8,950 RMB/ton, and Changling Refinery's toluene quotation was 9,000 RMB/ton.

2. Fluctuation trend:

3. Analysis and comments:

In terms of crude oil, many oilfields in Libya encountered force majeure, and oil supply fell sharply, and the market was worried about the lack of OPEC+ production capacity, and international oil prices rose last Friday.

On the 4th, Sinopec East China toluene was lowered by 150 RMB/ton.

Crude oil rose, which supported the market to a certain extent, but there was no good news on the demand side, and toluene was weak and fluctuated.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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