Toluene xylene prices have fallen significantly

Last week, the domestic toluene market was very weak and the prices were drastically lower. At the weekend, the closing price in East China region was 6,200 to 6,250 yuan (ton price, the same below), down 300 yuan from the previous weekend; the closing price in South China was 6,350 to 6,400 yuan, down by 350 yuan from the previous weekend.

At present, the mainstream ex-factory price in East China is 6,400 to 6,550 yuan; the mainstream ex-factory price in North China is 6,400 yuan; the mainstream ex-factory price in Central China is 6,200 to 6,300 yuan; the mainstream ex-factory price in South China is 6,400 to 6,500 yuan; and the mainstream ex-factory price in Northeast China is 6000 to 6,700 yuan; The regional mainstream ex-factory price is 6050 to 6100 yuan.

Although the continuous decline has caused many traders to fall into the predicament of insurmountable costs and narrowed the downside of prices, the sluggish market demand and increased supply of imported goods have led to a rise in domestic toluene inventories, and the external disk market has released more resources. High pressure continues to ship at low prices, posing a greater pressure on the domestic toluene market. Therefore, the price of toluene may still fall in the later period.

At the same time, the domestic xylene market was weak and the decline rate accelerated. The weekend's closing price in East China was 6,150-6,200 yuan, down 300-350 yuan from the previous weekend; the closing price in South China was 6,350-6,400 yuan, down 250 yuan from the previous weekend.

At present, the mainstream ex-factory price in East China is 6250 to 6400 yuan; the mainstream ex-factory price in Central China is 6150 to 6250 yuan; the mainstream ex-factory price in North China is 6000 to 6200 yuan; the mainstream ex-factory price in South China is 6400 yuan; and the mainstream ex-factory price in Northeast China is 6100 to 6400 yuan; The regional mainstream ex-factory price is 6050 to 6100 yuan.

As the downstream construction was affected by electricity and costs, it caused the prosperous growth of xylene and dampened the market mentality. The decline in the external disk market also suppressed the domestic market. The bearish atmosphere in the market was strong, but due to the large decline in xylene, trade The price of commerce is not guaranteed, so there is a narrow space for the price drop of xylene in the future.

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