Domestic market trends of toluene on September 28

1、 Price summary on September 27:

 

Gamma Polyglutamic acid food grade

Shijiazhuang Refining&Chemical Co., Ltd. offered 7650 yuan/ton, Qilu Petrochemical Co., Ltd. offered 7600 yuan/ton,

 

Yangba quoted 7800 yuan/ton,

 

Guangzhou Petrochemical offered 7650 yuan/ton, Maoming Petrochemical offered 7600 yuan/ton,

 

Changling Refining&Chemical Co., Ltd. quoted 7750 yuan/ton,

 

2、 Fluctuation trend:

 

 

3、 Analysis and comments:

 

Gamma Polyglutamic Acid

In terms of crude oil, the OPEC+meeting is coming, and the market expects that the meeting policy may be aimed at reducing supply; Before the arrival of Hurricane Ian, the supply in the US Gulf region was limited, and international oil prices rebounded yesterday.

 

Today, Sinopec lowered toluene by 100 yuan/ton in East China.

 

Crude oil rebounded and gasoline rose slightly, which was good for the toluene market. However, the market negotiation was weak, and the price of toluene in Sinopec East China was lowered, so the operators were cautious.

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