SunSirs: June 29 Domestic Market Dynamics of Toluene
June 30 2022 13:39:041、 Price summary on June 28:
Shijiazhuang Refining & Chemical Co., Ltd. offered 8600 yuan / ton, and Qilu Petrochemical Co., Ltd. offered 8600 yuan / ton,
Yangba offered 9000 yuan / ton,
Guangzhou Petrochemical offers 9000 yuan / ton, Maoming Petrochemical offers 8950 yuan / ton,
Changling Refining & Chemical Co., Ltd. offers 9100 yuan / ton,
2、 Fluctuation trend:
3、 Analysis and comments:
In terms of crude oil, the leaders of the G7 meeting have agreed to set a price ceiling on Russia's oil and natural gas imports. The market supply is expected to tighten, and most of the oil producing countries OPEC have reached the capacity ceiling. It is increasingly difficult to increase production in the later period, and the international oil price has risen for three days in a row.
Crude oil rose for three consecutive days, while toluene in Asia rose in the outer disk. Toluene supply was tight, and the cargo holders held up prices and were reluctant to sell. Sinopec's Toluene price rose broadly, and the spot market actively followed suit.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2023-07-13 SunSirs: Domestic Market Dynamics of Toluene on July 12, 2023
- 2023-07-04 SunSirs: Domestic Market Dynamics of Toluene on July 3, 2023
- 2023-06-15 SunSirs: The Domestic Market Dynamics of Toluene on June 14, 2023
- 2023-06-08 SunSirs: On June 7, 2023, the Domestic Market Dynamics of Toluene
- 2023-05-29 SunSirs: Toluene Market Weekly Report (5.22-5.29)
