July 16 South China Toluene Listing Price and Market Analysis

Chempricehub, July 16
On July 16, Sinopec South China Company’s listed toluene prices are as follows: Guangzhou Petrochemical isomer grade at 6,600 RMB/ton, Maoming Petrochemical isomer grade at 6,600 RMB/ton, and Zhongke Refining and Chemical isomer grade at 6,600 RMB/ton. The domestic toluene and xylene markets are showing a strengthening consolidation, initially boosted by the recent uptrend in international crude oil prices, which has improved spot market sentiment. Currently, there is a strong willingness to support higher prices in the spot market.