Brief analysis of toluene Market on April 17

Internationally, Venezuela’s and Iran’s crude oil supply declined, Libya’s situation was unstable, and U.S. crude oil stocks showed a downward trend. Last night, international oil prices rebounded in both directions. The reference price of toluene in the Korean market is about 710 US dollars per ton, up 7 US dollars per ton from the previous trading day.

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Nowadays, the listed price of Sinopec’s enterprises in South China has been lowered, and other areas are stable. Toluene market inquiry is the main, the general turnover, port inventory stability, overall downstream demand is not high. Overall TRADERS’prices have increased slightly, and the latest quotation is about 5400-5450 yuan/ton.

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