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SunSirs: Domestic market price of toluene on April 22
April 22 2022 15:52:27()

1、 Price summary on April 21:

The quotation of Shijiazhuang Refining & Chemical Co., Ltd. is 6950 RMB/ton, and that of Qilu Petrochemical Co., Ltd. is 7000 RMB/ton,

Yangba offers 7400 RMB/ton,

Guangzhou Petrochemical quoted 7100 RMB/ton, Maoming Petrochemical quoted 7050 RMB/ton,

Changling refinery offers 7500 RMB/ton,

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, under the political situation in Russia and Ukraine, the fear of tight supply in the future remains unabated, and the EU is considering gradually stopping purchasing crude oil from Russia, which will further aggravate the expectation of supply tightening. Superimposed on the obvious decline of crude oil inventory in the United States, the inventory of refined oil also decreased, and the oil price is supported upward.

Today, Sinopec raised the price of toluene by 100 RMB/ton in East China and 100 RMB/ton in South China.

The continuous rise in gasoline prices in Shandong, combined with the rise in the price of pure benzene in the outer disk, gave positive support to the toluene Market, and the spot market followed the price of main refineries

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