Supply Tightening, Toluene Market Rises

August 4th News

According to the commodity market analysis system, the toluene market in China fluctuated and rose from July 28 to August 4, 2025. The benchmark price of toluene was 54,900 CNY/ton on July 28 and 55,800 CNY/ton on August 4, an increase of 1.64%. This week, the toluene market in China mainly moved upward. In Shandong, the maintenance of Dongming Petrochemical and the reduction in production at Yulong Petrochemical affected the supply within the province, leading to a tighter supply and prompting major refineries to raise prices. In the East China and South China regions, there were fewer arrivals of goods recently, and under the influence of tight supply, prices generally increased this week.

Supply side:

Sinopec's toluene enterprises are operating normally, with stable production, and most of the products are for internal use, maintaining a balanced production and sales. As of August 4th, the East China company quoted 5,500 CNY/ton, the North China company quoted 5,500 CNY/ton, the South China company quoted 5,750-5,800 CNY/ton, and the Central China company quoted 5,600 CNY/ton.