Toluene in Asia this week, down slightly

2. Toluene
  Beginning of the week last week, fell slightly in Asia toluene. Weeks, the strong rally in crude oil prices lifted, because of scarcity of supply in Asia toluene prices rebound. Weekend, both by higher benzene  and the impact of downstream market, the Asian market to discuss toluene
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Active, gains further gains. Toluene prices were slightly higher domestic market to discuss the general atmosphere. Traders cautious wait and see situation, the market's overall turnover is limited. Last week, the beginning of the week, crude oil prices edged higher, to discuss the domestic market sentiment toluene

Constraints, poor traders shipped. Weeks, crude oil prices continued to rebound, to discuss the domestic market sentiment has improved toluene. Gradually reduce the goods on the market, traders reluctant to sell, the actual average transaction. Near the weekend, sharply higher by the impact of external disk, supply by

Becoming scarce, the domestic market prices slightly higher  toluene. As last Friday's close, the mainstream market in East China toluene price continued to rise to 7000-7100 yuan / ton (Zhangjiagang the tank) around. Wait and see the overall market, volume is limited. This week,

Zoudie affected by oil prices, domestic market conditions are softening toluene trends, market conditions in east China toluene than dull. As Wednesday's close, toluene market in East China gradually move down to the mainstream price 7100-7150 yuan / ton (Zhangjiagang out of cans)

So. Traders reluctant to sell a little psychology, poor market transactions.

    Afternoon of: oil prices within a narrow range, external disk prices continue to Biao Hung, support market confidence. After the recent pullback in oil prices, no significant signs of launch, market participants reveal wait and see mood. Rapid price gains outside the disc, the market volume has gradually decreased

Price led the domestic petrochemical refineries increased  market sentiment. Traders reluctant to sell state of mind is obvious, is still bullish sentiment on the toluene. Short-term domestic market is expected to remain stable toluene-based, and the prices are also less likely crash, but the deal fell slightly atmosphere.

Recent crude oil prices were mixed, but the market  is adequate inventory, supply is relatively scattered, combined with lower demand has not fully started, is expected to the domestic market will remain within a narrow range of toluene-based, the recent slightly higher price does not rule out the possibility.