SunSirs: Market Situation of Toluene in Some Regions of China on October

https://www.chemnet.com   Oct 23,2024 SunSirs

On October 22nd, the benchmark price of toluene in Shengyi Society was 5,850.00 RMB/ton, a decrease of 0.68% compared to the beginning of this month (5,890.00 RMB/ton).

On October 22nd, the mainstream price range for toluene in the South China market was 5,850-6,010 RMB/ton, with a price increase of 20 RMB/ton compared to the previous trading day. The overall changes in spot market quotations were not significant, downstream buying sentiment was weak, market atmosphere was wait-and-see, and spot market trading was weak. Sinopec South China Company's toluene listing quotation was stable, with Guangzhou Petrochemical implementing 5,950 RMB/ton and Maoming Petrochemical implementing 5,900 RMB/ton.

On October 22nd, the mainstream price range for toluene in the East China region was 5,930-5,950 RMB/ton, an increase of 20 RMB/ton from the previous trading day. The overall market atmosphere in the morning was mainly wait-and-see, with trading generally quiet and the market negotiation atmosphere quiet. Sinopec East China Sales Branch's toluene quotation was stable, with a price of 5,850 RMB/ton.

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