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Home > News > Paint & Coating News > Introduction to toluene: on November 1, the domestic toluene market fell broadly

Introduction to toluene: on November 1, the domestic toluene market fell broadly

ECHEMI 2019-11-06

toluene-market

Guide to toluene: Yesterday, the domestic toluene market fell broadly, crude oil fell, port wait-and-see mood increased, buying cautiously went down, the price difference between benzene and benzene rapidly expanded, market supply and demand was weak, downstream rigid demand was poor, oil transfer components in Shandong region were still weak, but the market price was still low. The reference price in East China is 5630-5650 CNY/ton. Future forecast: futures drag down spot negotiations, oil prices continue to close down, and it is expected that the possibility of market shock correction will increase.

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