Toluene Guide: the focus of domestic toluene market fell on October 22
Toluene Introduction: Yesterday, the focus of domestic toluene market fell, and the buying at the beginning of the week was less cautious. The crude oil price ended down at the end of the week. The market supply and demand fundamentals were not good, the trend of oil price and oil transfer components was weak, spot transactions were very light, the mentality was not good, and the low price was frequent due to the lack of buying support. The reference price in East China is around 5750-5800 CNY/ton. Future market forecast: toluene noodles are good and lacking, but the inventory is low, the recent fluctuation range of the market may be wider, and the trend is weak.
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