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Home > News > Paint & Coating News > Introduction to Toluene: Morning Analysis of Toluene Market on April 9

Introduction to Toluene: Morning Analysis of Toluene Market on April 9

ECHEMI 2019-04-17

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Introduction to Toluene: Yesterday, the domestic toluene market grew , the external atmosphere boosted the East China market upward, toluene opened higher, the center of gravity of midday trading withdrew, overall negotiations were steady, but other areas follow-up general, although bullish sentiment led to a slight increase in downstream replenishment warehouses, but just need confidence is poor, spot consumption during the festival slowed down, yesterday, small purchase orders in East China increased slightly, still close. Inventory consumption, overnight oil prices rise again wide, the market is expected to be temporarily strong shocks. Future forecast: International crude oil is strong, bulk chemical electronic discs such as Styrene and Ethylene Glycol have risen sharply, but the downstream just needs to be flat, the consumption during the festival is not good, and the market is expected to be consolidated temporarily as a whole.

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