On March 25, SunSirs' benchmark price for toluene stood at 7,934.33 RMB/ton, representing an increase of 46.93% compared to the beginning of the month (5,400.00 RMB/ton).
On March 25, the mainstream price range for toluene in the South China market stood at 8,000–8,310 RMB/ton. Sinopec South China Company implemented an ex-factory price of 8,300 RMB/ton for toluene.
On the previous trading day, prices for toluene trended downward amidst market volatility. Although international crude oil futures closed higher, they experienced a pullback during intraday trading; coupled with a general weakening in the aromatics night session, overall market confidence remained subdued. However, domestic spot supplies remained consistently tight; bolstered by this factor, the spot market was exhibiting a volatile, high-level trading pattern on March 25.
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