Price trend of toluene in domestic market on May 24
1、Price summary on May 23:
The quotation of Shijiazhuang refining and chemical company is 7600 RMB/ton, and that of Qilu Petrochemical Company is 7650 RMB/ton,
Yangba offers 8100 RMB/ton,
Guangzhou Petrochemical quoted 7700 RMB/ton, Maoming Petrochemical quoted 7650 RMB/ton,
Changling refinery offers 8100 RMB/ton,2、Fluctuation trend:
3、Analysis and comments:
In terms of crude oil, the market’s concerns about the future economic recession offset the tightening of crude oil supply in the future, and the high oil price fluctuated.
Crude oil and external prices are high, with strong cost support. The export of toluene is positive, but the domestic negotiation is general, and the continuous rise is weak.