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Home > News > Paint & Coating News > Toluene Guide: domestic toluene market fell on February 4

Toluene Guide: domestic toluene market fell on February 4

ECHEMI 2020-02-11

Introduction to toluene: Yesterday, the domestic toluene market fell. Affected by the epidemic situation, the downstream and transportation recovery was slow. The logistics and downstream construction delay had a significant impact on the demand. Some of them were delayed to return to work. The market did not have a good expectation on the demand, and the low-level buying followed up. Although the overall load of local refineries decreased, the inventory pressure of production enterprises existed. The reference price in East China is 5050-5100 CNY/ton. Aftermarket forecast: short term market demand is not expected to be good, and the market is expected to be weak. 

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