2021 Toluene Market Annual Events Inventory

1 . The second phase of Quanzhou Petrochemical plant will be put into operation at the end of December 2020.

2.mixed aromatics levy consumption tax.  The Ministry of Finance, the General Administration of Customs and the State Administration of Taxation have imposed import elimination on some refined oil products

 3. the northeast region (Daqing Petrochemical phase II, Panjin Baolai) two benzene export increment.

 4. PX enterprises are less interested in MX and more interested in toluene.

 5, double control of energy consumption, power limit affects the start of downstream.

 6. crude oil led the rise, refined oil pushed up, toluene market showed the biggest increase in the year, the transaction exceeded 7000 CNY/ton.

 7.Dalian Petrochemical again sold toluene in large quantities.

 8. Regional Comprehensive Economic Partnership (RCEP) Agreement.