Toluene Guide: Domestic Toluene Market Shocks and Declines on April 22
Toluene Guide: Yesterday, domestic toluene Market shocked and fell, international crude oil shocked, but the market demand continued to be depressed, recent toluene East China Port increased and decreased differently, downstream demand depression dragged down market prices, poor buying atmosphere, intraday trading pressure weakened again, the overall market stalemate of small orders, East China reference price 5250-5350 CNY/ton, compared with the previous one. Workday prices fell steadily. Future market forecast: factory prices are down, turnover is still small, and the weakness of the surrounding areas also drags the mentality, but the overall wait-and-see has increased. It is expected that market interval consolidation may be possible.
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