October 18 domestic toluene market continued to be sorted out
Yesterday, the domestic toluene market continued to reorganize, toluene tended to reorganize, low price transactions increased, the weekly market inventory increase is not much, still at a low level, but the follow-up supply and supplement are stable, wait and see the possibility of market stage adjustment increases after oversold, and the storage stage shock correction may be possible. The reference price in East China is around 5800-5850 CNY/ton. Future market forecast: bulk chemical futures and electronic trading turned red, and it is expected that the market will temporarily shake and consolidate.
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