August 31 news
As of August 30, 2026, the average spot price of toluene in China was 7,206.67 CNY/ton. The current mean difference indicator shows that the price is in a weak rebound and slightly bearish fluctuation range. In the short term, influenced by the decline in crude oil prices and rigid demand procurement, as well as tight spot supply, it is expected that there will be minor adjustments. The 60-day cycle price is at a high level, with limited upside potential.
I. Table of Mean Difference Changes
| Mean Deviation Indicator | Today (2026.8.30) Value | Yesterday (2026.8.29) Value | Direction of Change |
|---|---|---|---|
| 5-day Mean Deviation (D5) | -22.00 | -57.33 | + |
| 10-day Mean Deviation (D10) | -3.00 | 42.00 | - |
| 20-day Mean Deviation (D20) | 206.17 | 225.17 | - |
II. Signal Status Determination
The current deviation change direction combination is (+, -, -), which is a weak rebound (bearish) signal.
III. Conclusion on Trend Direction
The current price trend is oscillating, reason: the change directions of the 5-day, 10-day, and 20-day moving average differences from the previous day are not completely consistent, which does not meet the criteria for a clear upward or downward trend, thus it is judged to be an oscillating trend.
IV. Positional Spatial Reference
60-day cycle, 3-month cycle: Currently at Level 5 (high), with limited short-term upside potential;
1 year cycle: It is in the 2nd tier (moderately low), and in the long term, it has some upside potential.
Five, Price Trend Chart of the Past Year in China
VI. Market Supply and Demand Reference
The recent decline in crude oil prices has led to a bearish sentiment in the aromatics market, with downstream buyers showing weak purchasing intentions and generally maintaining procurement based on demand. However, tight spot supplies of toluene in China have provided some support to prices. Market transactions are light, and it is expected that the market will maintain a narrow range of fluctuation and adjustment in the short term.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
