The differentiation of the toluene market last week saw prices in East China rise and South China continue to fall. Last week, the East China Toluene market has been slowly rising at a steady pace, mainly through continuous downfalls in the previous period, releasing short energy, and the price has received some support at a low level. The weekend closing price was 6400 to 6450 yuan (ton price, the same below), up 200 yuan from the previous weekend. South China market has been suppressed by buyers due to higher prices. In the absence of volume, prices have been falling. Last weekend's closing price was 6,500 to 6,550 yuan, down 50 yuan from the previous weekend.
Last week, the domestic toluene production price in most regions was slightly reduced. Among them, the mainstream ex-factory price of toluene in East China is between RMB 6,000 and RMB 6,100. The high-end price is down RMB 100 from the previous week. The mainstream ex-factory price of toluene in North China is RMB 6300 to RMB 6,470, which is the same as that of the previous week. The mainstream ex-factory price of toluene in Central China is RMB 6150 to RMB 6,300. Compared with the previous week, it cut 50 to 150 yuan; the mainstream ex-factory price of toluene in southern China is between 6300 and 6400 yuan, 200 yuan lower than the previous week; the mainstream ex-factory price of toluene in the northeast is between 6000 and 6300 yuan, and the low end is lowered by 100 yuan from the previous week; The mainstream ex-factory price of toluene is between 6000 and 6,200 yuan, which is unchanged from the previous week.
In the later analysis, due to the fact that the fundamentals of weak demand have not changed, the financial pressures facing the end of the year will continue to exist, and the sources of goods will gradually enter the market later, so the market's recovery momentum will be gradually weakened. However, the current tight market supply situation has supported the mentality of downstream buyers and traders. The reluctant sellers of traders and the intent to seek goods from downstream buyers have promoted the active market trading atmosphere. Therefore, if the late oil prices and the trend of external disk toluene continue to rise, it will still provide some support for the domestic toluene market, but the price upside is limited.
Last week, the domestic toluene production price in most regions was slightly reduced. Among them, the mainstream ex-factory price of toluene in East China is between RMB 6,000 and RMB 6,100. The high-end price is down RMB 100 from the previous week. The mainstream ex-factory price of toluene in North China is RMB 6300 to RMB 6,470, which is the same as that of the previous week. The mainstream ex-factory price of toluene in Central China is RMB 6150 to RMB 6,300. Compared with the previous week, it cut 50 to 150 yuan; the mainstream ex-factory price of toluene in southern China is between 6300 and 6400 yuan, 200 yuan lower than the previous week; the mainstream ex-factory price of toluene in the northeast is between 6000 and 6300 yuan, and the low end is lowered by 100 yuan from the previous week; The mainstream ex-factory price of toluene is between 6000 and 6,200 yuan, which is unchanged from the previous week.
In the later analysis, due to the fact that the fundamentals of weak demand have not changed, the financial pressures facing the end of the year will continue to exist, and the sources of goods will gradually enter the market later, so the market's recovery momentum will be gradually weakened. However, the current tight market supply situation has supported the mentality of downstream buyers and traders. The reluctant sellers of traders and the intent to seek goods from downstream buyers have promoted the active market trading atmosphere. Therefore, if the late oil prices and the trend of external disk toluene continue to rise, it will still provide some support for the domestic toluene market, but the price upside is limited.