SunSirs: The Market Situation of Toluene in Some Regions of China on September 9th

https://www.chemnet.com   Sep 10,2024 SunSirs

On September 9th, the toluene market in southern China was operating weakly. The mainstream quotation range for the South China toluene market on the 9th was 6,250-6,300 RMB/ton, with a price decrease of 100 RMB/ton compared to the previous trading day. Sinopec's ex factory price in South China had been lowered by 200 RMB/ton, currently at 6,150-6,200 RMB/ton. The overall spot market was weak, and market offers were generally weak.

On September 9th, the toluene market in East China was running weakly. The mainstream price range for toluene in the East China region on the 9th was 6,200-6,250 RMB/ton, a decrease of 50-80 RMB/ton compared to the previous trading day. The market atmosphere was weak due to the decline in crude oil prices, and the morning offers were generally low. The market negotiations were weak, and the morning market was mainly focused on observation with limited trading.

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