On April 8, the benchmark price for toluene, as reported by SunSirs, stood at 7,911.00 RMB/ton—a decrease of 1.94% compared to the beginning of the month (8,067.67 RMB/ton).
On April 8, mainstream quotes in the South China toluene market ranged from 8,000 to 8,150 RMB/ton, marking a decline compared to the previous trading day. The toluene market experienced narrow fluctuations during the previous session, and prices are expected to trend lower within the day. Influenced by a sharp drop in crude oil prices, overall market sentiment across the chemical sector remained bearish; consequently, close attention must be paid to the trajectory of aromatics futures, which serve as a key indicator for spot prices. As of April 8, domestic spot supplies remained tight, lending the market a certain degree of resilience against price declines.
On April 8, the mainstream spot price range for toluene in the East China region stood between 7,950 and 8,050 RMB/ton. On the previous trading day, the toluene market experienced narrow fluctuations; prices are expected to trend slightly lower throughout the current trading session. Influenced by a sharp decline in crude oil prices, overall market sentiment within the chemical sector remains bearish; consequently, close attention should be paid to the trajectory of aromatics futures, as they serve as a key indicator for spot prices. As of April 8, domestic spot supplies remained relatively tight, lending the market a certain degree of resilience against price declines.
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