Introduction to Toluene: Domestic Toluene Market Negotiations on May 7
Toluene Guide: Yesterday, the domestic toluene Market talks were weak, the stock market and international oil prices generally fell due to trade concerns, the international crude oil decline, the market outlook bad influence aromatic hydrocarbon Market expectations, abundant toluene supply, East China Port spot supply, more than pre-season inventory, flat demand. There is still support near the reference price of 5200 CNY/ton in East China. Future market forecast: domestic toluene Market negotiations fell, the supply and demand side is generally good, the main factories quoted part of the downward, oil prices fell in the market affecting toluene prices, the market is expected to be mainly wait-and-see.
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