Summary of toluene prices on August 19:
Shijiazhuang Refinery's toluene price was 7,550 RMB/ton, Qilu Petrochemical's toluene price was 7,500 RMB/ton, Yamba's toluene price was 7,350 RMB/ton, Guangzhou Petrochemical's toluene price was 7,500 RMB/ton, Maoming Petrochemical’s toluene price was 7,450 RMB/ton, and Changling Refinery’s toluene price was 7,500 RMB/ton.
Fluctuation trend
Analysis and Comments
On the crude oil front, oil prices edged higher on Friday, as the market remained weighed down by a stronger dollar and concerns about a slowdown in fuel demand due to a future recession.
On the 22nd, Sinopec South China raised toluene by 150 RMB/ton.
Crude oil rose slightly, toluene rose in the outer disk, and the cost side boosted; but the terminal gasoline was weak, and the industry was cautious.
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