[hot] Gade chemical network daily this week the price of toluene was first rise again downward trend shock. At the beginning of the week, crude oil prices last week by the conductive effect of toluene and strong market, manufacturers have raised prices. Crude oil continued to fall during the week, toluene has little effect, the price is stable. Near the end of the week, crude oil fell four bad toluene. Toluene from 5370 yuan / ton rose to the beginning of the week in week 5800 yuan / ton high, or 7.41%. Weekend toluene prices fell 200 yuan, is expected next week, some manufacturers prices have come down. At present, the domestic market price was down 24.73%.

Market analysis

Product: this week the market effect of toluene by crude oil, was down concussion. Jiangsu toluene Market within a narrow range, toluene Market talks in 5575-5600 yuan / ton (Zhangjiagang tank). Beijing and Tianjin toluene to discuss the market in general, toluene reference to discuss the market 5750-5850 yuan / ton, to discuss the focus slightly, but the limited supply, businesses and more cautious. Toluene xylene market in Shandong area to discuss the general reference, discuss the market 5800-5900 yuan / ton, downstream on-demand procurement, businesses and more cautious. Flat open area Guangdong toluene Market, the toluene market offer 5700-5750 yuan / ton (Sha Tin tank).

Industry: CFR Chinese toluene WaiPan price 676.00-679.00 USD / ton, down $27-30. FOB Korea offer executive 649 dollars / ton, down $13. The effect of crude oil fell during the week, offer lower prices.

The industrial chain: since September upstream naphtha rises 2.83%, bottoming out considerable efforts to provide support for toluene, naphtha, this week continued to keep up, but not much. TDI downstream market demand is relatively stable, but overall is still not high, difficult to boost toluene rose.

Late prospect

By the end of the week the domestic market of Jiangsu port inventory temporarily toluene low, supply centralized holding the goods carefully stir up. But the external news confused, and the Asian benzene and PX aromatics market pushed up weak, downstream disc with a slowdown to discuss the focus once again back to the soft. And next week we have heard of toluene has returned to Hong Kong, holding the goods in mind confused, careful shipping profit. Therefore, the domestic short-term is expected to discuss the market tumbled or toluene.