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    Home > Organic Chemistry Topics > Organic Chemistry Project > Toluene opened low, low transactions increased, and the market rebounded within a narrow range

    Toluene opened low, low transactions increased, and the market rebounded within a narrow range

    • Last Update: 2022-02-23
    • Source: Internet
    • Author: User
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    On August 24, the toluene market in Jiangsu area opened up and went high.
    The current mainstream transaction is near 4700-4710 yuan/ton (Zhangjiagang out of cans), September cargo sells 4730-4750 yuan/ton, October cargo sells 4740 -4750 yuan/ton, downstream inquiries are active, on-site trading is fair, and trading volume has increased
    .
    For toluene negotiations in Shandong, reference is made to around 4950 yuan/ton.
    There is a strong wait-and-see atmosphere in the market.
    Although there are inquiries, real orders are still dominated by low-level small orders
    .
    Toluene negotiations in the Beijing-Tianjin area are near 4800-4850 yuan/ton, and the supply of goods in the market is limited.
    The downstream merchants purchase on demand, and there are not many real orders
    .
    For toluene offers in Guangdong, refer to the vicinity of 4850-4880 yuan/ton (from Shatian).
    The on-site supply has been replenished, and the tight supply is slightly eased.
    Downstream businesses tend to wait and see
    .
    According to monitoring: US crude oil futures rose on Tuesday, wiping out the earlier decline, as there are signs that Iran may cooperate with other oil exporting countries around the world to explore ways to prevent oil prices from falling
    .
    NYMEX October crude oil futures closed up 0.
    69 US dollars, or 1.
    5%, with a settlement price of 48.
    10 US dollars per barrel
    .
    October Brent crude oil futures closed up US$0.
    80, or 1.
    6%, with a settlement price of US$49.
    96 per barrel
    .
    Analysts believe that the international crude oil market stopped falling and rose overnight, the external market fluctuated downward, the toluene market fluctuated within a narrow range, the market opened low, and on-site trading was light.
    With the increase in low-level transactions, the toluene market rebounded within a narrow range, and the overall transaction was fair.

    .
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