SunSirs: On August 8, the Domestic Market Dynamics of Toluene
August 09 2022 14:48:43 SunSirs (John)Toluene price summary on August 5
Shijiazhuang Refinery's toluene price wass 7,550 RMB/ton, Qilu Petrochemical's toluene price was 7,500 RMB/ton, Yamba's toluene price was 7,500 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 7,600 RMB/ton.
Fluctuation trend
Analysis review
In terms of crude oil, the U.S. economic data was positive, and the employment data showed strong growth, easing the negative sentiment that the economic recession had suppressed energy demand, and oil prices rose slightly.
On the 8th, Sinopec's toluene price in East China was lowered by 150 RMB/ton, and the toluene price in South China was lowered by 150 RMB/ton.
Crude oil support was unstable, domestic demand was general, toluene market talks were light, and industry players were cautious.
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