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Short-term toluene market is unfavorable

[Gade Chemical Network Chemical Review] The toluene market is dominated by fluctuations, the market is generally trading, the buying enthusiasm is not high, and the upward pressure is relatively high. After the close of the oil, the accidental diving of crude oil caused the price of crude oil in the outer disk to fall, and the toluene market was affected by this. On May 26, Qingdao Lidong toluene quoted 5,450 yuan / ton, a small amount of export; Beijing-Tianjin-Hebei region toluene negotiations 5400-5450 yuan / ton; Sinochem Quanzhou Petrochemical toluene South China business department Guangzhou cans offer down to 5400 yuan / ton Liaotong Chemical's toluene price was raised to 5,100 yuan / ton, the inventory is low; Guangxi Qinzhou Petrochemical toluene Dongguan out of the pot offer down 50 yuan / ton to 5,500 yuan / ton. The extension of the OPEC meeting for the production and reduction agreement caused the crude oil to be difficult to balance supply and demand, and the price fell. Fortunately, the crude oil market returned to rationality on the 26th. The domestic toluene market continued to be stagnant. In some areas, the supply side price was lowered, and the downstream terminal support was still acceptable. The short-term toluene market is expected to be weak and volatile.