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ChempriceHub Key Alert: Significant Price Drop in Toluene Market in South China

Published on 2026-11-10

Chempricehub, November 10:

Today, the mainstream quoted price for toluene in South China was RMB 7,600–7,650 per ton, down by RMB 400 per ton compared to the previous trading day. Toluene and xylene prices plummeted significantly on the last trading day. Amidst a sharp decline in crude oil prices, bearish market sentiment remains strong, with weak follow-through from downstream buyers. Sinopec South China lowered its posted price by RMB 300 per ton today, prompting spot market prices to adjust downward accordingly.

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