Toluene Guide: on October 16, the domestic toluene market fell
Yesterday, the domestic toluene market fell, the oil price and bulk chemicals were weak, the crude oil price ended lower, and the peripheral economy was worried. Due to the weakening of the market's optimism on the trade situation and brexit, methylbenzene was affected by it, and the pressure came down, the buying sentiment was cautious, and the market transaction was not good. The reference price in East China is around 6080-6100 CNY/ton. Aftermarket forecast: after successive falls, the bulk is expected to adjust in shock, focusing on the impact of the news, although the market is expected to be in shock consolidation.
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