SunSirs: On August 1, the Domestic Market Dynamics of Toluene
August 02 2022 09:36:40 SunSirs (John)Price summary on July 29:
Shijiazhuang Refinery's toluene price was 7,650 RMB/ton, Qilu Petrochemical's toluene price was 7,550 RMB/ton, Yamba's toluene price was 7,650 RMB/ton, Guangzhou Petrochemical's toluene price was 7,650 RMB/ton, Maoming Petrochemical's toluene price was 7,600 RMB/ton, and Changling Refinery's toluene price was 7,700 RMB/ton.
Fluctuation Trend:
Analysis and Comments:
In terms of crude oil, the market focus turned to the OPEC+ meeting, doubts about OPEC+'s ability to increase production, and the expected tightening of oil supply boosted oil prices.
Crude oil rose by more than 2% last Friday, and the cost support was acceptable; but the domestic toluene market was lightly discussed, and the price was weak and stable.
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