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Home > News > Paint & Coating News > Toluene Guide: December 3 domestic toluene market shock finishing

Toluene Guide: December 3 domestic toluene market shock finishing

ECHEMI 2019-12-06

Carbide-Slag

Toluene Introduction: Yesterday, the domestic toluene market was shocked and sorted out, the quotation of main factories was reduced, and the early market price at the beginning of the week was opened cautiously. However, with the continuous decline of port inventory data, the supply of toluene continued to be tight and expected to be less supported. As the decline of crude oil affected the high price in the field, the downstream demand was not good. The reference price in East China is around 5650 CNY/ton. Aftermarket forecast: there is uncertainty around the aftermarket, but supply and demand pull saw, the market is expected to fluctuate mainly.

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