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Echemi Market Analysis (Update on 2017-11-20)

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Previous Price:$1060/MT (Reference Price)
Current Price:$1040/MT (Reference Price)  $20/MT
Analysis: Toluene prices fluctuated upwards supported by the crude oil and xylene prices. As the supply and demand was stable, prices of benzoic acid moved marginally. It is predicted that the benzoic acid market may inch up on the new environmental protection policy. The prices of benzoic acid were $1,040/mt FOB Shanghai.
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