Introduction to toluene: on January 9, domestic toluene market stabilized
Introduction to toluene: Yesterday, the domestic market for toluene stabilized, with international crude oil rapidly rising and falling in line with the news of the Middle East situation, and the toluene Market in East China also fluctuated, with the market opening high and going low. The overall market supply is sufficient, and downstream and traders are cautious in buying. The reference price in East China is about 5500-5650 CNY/ton. Future forecast: the fundamentals are good but not good enough. We still pay attention to the change of oil price. It is expected that the market will be weak and may be adjusted.
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