Domestic market dynamics of toluene on June 13

1、 Price summary on June 10:

 

Thiourea

Shijiazhuang Refining & Chemical Co., Ltd. offered 9000 yuan / ton, and Qilu Petrochemical Co., Ltd. offered 8900 yuan / ton,

 

Yangba offers 9250 yuan / ton,

 

Guangzhou Petrochemical quoted 9400 yuan / ton, Maoming Petrochemical quoted 9350 yuan / ton,

 

Changling Refining & Chemical Co., Ltd. offers 9400 yuan / ton,

 

2、 Fluctuation trend:

 
3、 Analysis and comments:

 

In terms of crude oil, international crude oil futures ended lower on June 10. The settlement price of the main contract of U.S. WTI crude oil futures was $120.67/barrel, down $0.84 or 0.69%; The settlement price of the main contract of Brent crude oil futures was US $122.01/barrel, down US $1.06 or 0.86%.

 

Today, Sinopec South China toluene lowered 150 yuan / ton.

 

The impact of external news on the toluene market was weakened, the enthusiasm for market speculation fell, the focus returned to the demand side, and the downstream resistance to high price toluene was obvious.

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