SunSirs: Domestic Toluene Market Situation on September 27th
September 29 2024 10:50:53     SunSirs (John)On September 27th, the benchmark price of toluene in SunSirs was 5,930.00 RMB/ton, a decrease of 13.30% compared to the beginning of this month (6,840.00 RMB/ton).
Sinopec toluene quotation summary:
As of September 27th, the East China Company quoted 6,000 RMB/ton, the North China Company quoted 5,800 RMB/ton, the South China Company quoted 5,850-5,950 RMB/ton, and the Central China Company quoted 5,950 RMB/ton. As of September 27th, the enterprise was operating normally, the production of equipment was stable, the products were mostly for personal use, and the production and sales were stable.
On September 27th, the toluene market in Shandong Province operated to be weaker. On the morning of the 27th, the mainstream price range for toluene in the Shandong region was 5,800-5,850 RMB/ton, with a price reduction of 50-100 RMB/ton compared to the previous trading day. The quotations of local refining enterprises in Shandong region were relatively stable, with Sinopec's ex factory price in North China at 5,800 RMB/ton. The overall market atmosphere was mainly wait-and-see, and negotiations are generally weak.
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