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Toluene Market Review and Trend Outlook for the First Half of 2026
The acrylic acid market experienced a sharp decline, with profitability contracting significantly.
The concentrated turnaround period alleviates supply pressure, prompting adjustments in the supply-demand dynamics of the ethanol cycle.
The underlying logic behind the 867% year-on-year surge in epichlorohydrin imports and 64% plunge in exports from January to May 2026.
The operating rate of hydrogenated benzene continues to decline, and supply is contracting.
The continuous capacity expansion of ethanol plants in the future, with cost competition remaining the mainstream trend.
The residual warmth of favorable factors for ethylene tar has yet to dissipate, while unfavorable factors are quietly looming.
The supply surplus pattern persists, leading to frequent range-bound fluctuations for dichloromethane.
The market divergence between ortho-xylene-based and naphthalene-based phthalic anhydride is intensifying.
Tight supply fails to offset weak demand, and durene prices have fallen again.
Two ethylene units underwent consecutive maintenance, resulting in a 5.45% decrease in cracked C5 production.
Tightening supply provides price support, and the toluene market is stabilizing in terms of supply and demand.
The weak release of rigid demand in the end market makes it difficult to change the short-term weak pattern of acrylic emulsion.
The market lacks significant bullish support, and the high-olefin C5 market is oscillating within a narrow range.
The expected increase in downstream restocking volume has slowed the price decline of C5 petroleum resin.
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