Introduction to toluene: October 25, the domestic toluene market fluctuated
Guide to toluene: Yesterday, the domestic toluene market fluctuated, and the rebound of crude oil boosted market sentiment. Although the price was under pressure, when toluene arrived in Hong Kong, toluene inventory was significantly increased, and the market short-term supply and demand was not good enough, but the cost support was there. In addition, the oil price and the correction after the large-scale drop, the market was sorted out at the stage. The reference price in East China is about 5720-5740 CNY/ton. Future forecast: the peripheral atmosphere is slightly higher, but we still need to pay attention to the change of the news surface, and the market range may be subject to consolidation.
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