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Home > News > Paint & Coating News > Toluene Guide: the domestic toluene market fell on October 15

Toluene Guide: the domestic toluene market fell on October 15

ECHEMI 2019-10-23

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Yesterday, the domestic toluene market trend fell, crude oil and bulk chemicals fell significantly, the overall weakness of intraday oil price affected market buying confidence, and the transaction atmosphere was very light. Although part of the cargo delayed, port supply inventory was still low at the beginning of the week, which gave effective support to the domestic market, but trading in South China market was bleak. Market buying is generally cautious. The reference price in East China is 6280-6300 CNY/ton. Future forecast: the negotiation focus is adjusted downward rapidly, the discount range at the end of the month and far month is still large, the market mentality is poor, and the market is expected to be weak.

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