Sinopec raises South China toluene prices by 1.2% to Yuan 8,450-8,550/mt

Chemical News: Sinopec raises South China toluene prices by 1.2% to Yuan 8,450-8,550/mt

https://www.chemnet.com Sep 11,2013 Platts
China Petroleum and Chemical Corp, or Sinopec, raised ex-factory toluene prices at its South China subsidiaries by Yuan 100/mt, or 1.2%, on Tuesday, market sources said Tuesday.

A company source could not be contacted immediately for confirmation.

According to sources, Sinopec Guangzhou is now offering toluene at Yuan 8,550/mt or $1,148.67/mt on an import parity basis, and Sinopec Maoming is offering toluene at Yuan 8,450/mt or $1,135.07/mt on an import parity basis.

Details of the last price adjustment are not clear.
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