The mainstream quotation range for toluene in South China today is between 5400-5510 yuan/ton. The listed prices of Sinopec South China Company for toluene are as follows: Guangzhou Petrochemical at 5400 yuan/ton, Maoming Petrochemical at 5400 yuan/ton, and Sinopec Zhongke Refinery at 5400 yuan/ton. Downstream inquiries are relatively active. The spot market experienced minor adjustments today, with quotations from major refineries remaining firm, and the trading atmosphere in the spot market is fairly good.
PriceSeek Analysis of Toluene, Bull-Bear Score: 1
The article indicates that the mainstream quotation range for toluene in South China is 5400-5510 yuan/ton, with Sinopec refineries uniformly listing at 5400 yuan/ton, reflecting firm supply-side quotations and solid cost support. The high enthusiasm for downstream inquiries indicates strong market demand, and the trading atmosphere in the spot market is favorable. These factors collectively support spot prices, which are expected to remain stable with a slight upward trend in the short term, though the increase is likely to be limited, representing a generally positive outlook.