SunSirs: Market Trend Dynamics of Toluene on June 22
June 23 2022 08:47:011、 Price summary on June 21:
Shijiazhuang Refining & Chemical Co., Ltd. offered 8600 RMB/ton, and Qilu Petrochemical Co., Ltd. offered 8550 RMB/ton,
Yangba offers 8800 RMB/ton,
Guangzhou Petrochemical offers 8850 RMB/ton, Maoming Petrochemical offers 8800 RMB/ton,
Changling Refining & Chemical Co., Ltd. offers 8900 RMB/ton,
2、 Fluctuation trend:
3、 Analysis and comments:
In terms of crude oil, the market believes that the demand for fuel oil is still strong, and the rebound of the U.S. stock market drives the oil price up slightly.
Sinopec East China toluene cut 150 RMB/ton today.
Domestic demand for toluene is sluggish, market trading is light, and Sinopec's price is lowered, driving the spot market to follow suit.
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