First, the price trend Last week, the overall domestic toluene market was weak, finishing down, according to business’s bulk list data.

Early Zhou Enterprise average price is weekly high price, weekend enterprise average price is weekly low

Ii. Analysis and review 1. Crude oil: Increased concerns about global trade risks, a blow to capital markets, and the highest level of U.S. crude oil inventories since July 2017 offset the impact of OPEC production cuts and tensions in the Middle East, with U.S. stocks plummeting, international oil prices plunging and Brent 68.4-73.2 dollars/barrels.

In the short term, the crude oil market is expected to remain the main shock, there is a certain upward space. 2, FOB South Korea toluene reference price affected by crude oil, this weekend began to cut, Sinopec’s subsidiary toluene listing price cut.

In terms of inventory, port inventories have been digested this week, with around 53,000 tonnes in eastern China.

3, following last week’s toluene market recovery, price rebound, this week toluene market weak, although there is a certain positive support, but by the raw materials and demand side of the impact, the price fell.

Third, the forecast of the aftermarket Business Society Toluene analysts believe: next week, crude oil, focus on the United States crude oil 60 dollars/barrel pass can hold up, positive and negative factors affect the market at the same time, oil price mainstream fluctuation range or between 60-62 dollars/barrel. Second quarter at home and abroad more centralized maintenance, toluene expected to reduce the supply, the market expected to be optimistic, next week toluene market or can stop the decline and rise.