Domestic market dynamics of toluene on July 18

1、 Price summary on July 15:

 

http://www.thiourea.net

Shijiazhuang refining and chemical company quoted 8100 yuan / ton, and Qilu Petrochemical Company quoted 8150 yuan / ton,

 

Yangba offers 7800 yuan / ton,

 

Guangzhou Petrochemical quoted 8000 yuan / ton, Maoming Petrochemical quoted 7950 yuan / ton,

 

Changling Refining and Chemical Co., Ltd. offers 7900 yuan / ton,

 

2、 Fluctuation trend:

 

 

3、 Analysis and comments:

 

In terms of crude oil, the market expressed doubts about the capacity of the organization of Petroleum Exporting Countries (OPEC) to increase production, mainly because of its limited space for residual capacity; In addition, Saudi Arabia said it would not immediately increase oil production, and the tight supply is expected to boost oil prices.

 

Today, Sinopec reduced toluene in South China by 300 yuan / ton.

 

Crude oil rebounded last Friday, and toluene in the outer market fell slightly. Crude oil rose today, driving the focus of toluene spot market up, but the actual negotiations are limited.

Thiourea

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