Summary of toluene prices on July 8:

hijiazhuang Refinery's toluene price was 8,400 RMB/ton, Qilu Petrochemical's toluene price was 8,450 RMB/ton, Yamba's toluene price was 8,700 RMB/ton, Guangzhou Petrochemical's toluene price was 8,700 RMB/ton, and Maoming Petrochemical's toluene price was 8,650 RMB/ton, the toluene quotation of Changling Refinery and Chemical Co., Ltd. was 8,700 RMB/ton.

Fluctuation trend

Analysis and Comments:

In terms of crude oil, although the risk of a global economic recession remains, fuel oil demand is strong, and the market focus has returned to the fundamentals of tight supply.

Crude oil was higher on Friday, and the toluene market sentiment was slightly higher. However, under the constraints of sluggish domestic demand, toluene was running weakly.

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