Domestic market trends of toluene on November 28

1、 Price summary on November 25:


sulphamic acid

Shijiazhuang Refining&Chemical Co., Ltd. quoted 7000 yuan/ton, Qilu Petrochemical Co., Ltd. quoted 7200 yuan/ton,


Yangba quoted 7150 yuan/ton,


Guangzhou Petrochemical quoted 7450 yuan/ton, Maoming Petrochemical quoted 7400 yuan/ton,


Changling Refining&Chemical offered 7350 yuan/ton,


Xinhai Petrochemical quoted 7280 yuan/ton.


2、 Fluctuation trend:



3、 Analysis and comments:


In terms of crude oil, the market focus is on the issue of the price ceiling of Russian oil in western countries, and no agreement has been reached at present; The oil price continues to be under pressure due to overlapping demand concerns.


Today, Sinopec reduced toluene by 300 yuan/ton in East China, 250 yuan/ton in South China, and 200 yuan/ton in Xinhai Petrochemical.


Crude oil fell continuously, and the domestic toluene market was poorly discussed, resulting in a strong negative atmosphere in the market. Sinopec continuously lowered the price of toluene, and the spot market fell.