Toluene Guide: December 30 domestic toluene market consolidation
Introduction to toluene: Yesterday, the domestic toluene market was sorted out, the downstream demand was weak, and the on-site trading volume was relatively small. In addition, during the period of oil product upgrading, the gasoline blending and buying in the market stage increased. In addition, the spot supply inventory in the market was still low, and the market trading volume rebounded. The reference price in East China is 5460-5470 CNY/ton. Aftermarket forecast: the supply and demand fundamentals are generally good, the market has limited upward momentum, and the market is expected to be in shock and consolidation.
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