The most popular domestic toluene xylene market ha

2022-08-05
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The trading atmosphere in the domestic toluene/xylene market was flat.

on Wednesday (March 23), the domestic toluene/xylene market rose strongly and the trading atmosphere was flat

manufacturer dynamics: the ex factory price of toluene in Sinopec South China branch has been increased by 100 yuan/ton, including 8400 yuan/ton for Guangzhou Petrochemical and 8300 yuan/ton for Maoming Petrochemical

the ex factory price of xylene of Sinopec South China branch increased by 200 yuan/ton, including 8600 yuan/ton for Guangzhou petrochemical, 8550 yuan/ton for Zhanjiang Dongxing, 8550 yuan/ton for Maoming Petrochemical and 8800 yuan/ton for Guangzhou Petrochemical; The ex factory price of isomeric xylene of Qinzhou petrochemical in Guangxi has been raised by 100 yuan/ton for many years. Now it is 8700 yuan/ton (out of the tank in Dongguan). At present, only about 50% of the factory has been started

Asian market: the closing price of Asian toluene on March 22 rose by US $2 compared with the previous trading day to close at US $per ton (FOB Korea); The closing price of isoxylene in Asia rose by 18 US dollars compared with the previous trading day. The lightweight structure can reduce the weight by up to 50% and close at US dollars/ton (FOB Korea)

domestic market:

toluene:

East China: the toluene Market in East China is basically flat, and the market negotiation atmosphere is flat. In the morning, the mainstream quotation of toluene in Zhangjiagang was 8 yuan/ton (out of the tank) to avoid accidental injury or death, and the quotation of the carrier rose. The mainstream shipment intention of the holders in the toluene Market in Ningbo is about yuan/ton, the actual transaction is close to the low end, and the market is strong; In the afternoon, the main transaction volume of toluene in Zhangjiagang area was RMB/ton (out of the tank), which was flat compared with the previous trading day. The quotation of the owner was strong, the owner's shipping intention was acceptable, and the market negotiation atmosphere was weak

South China: the toluene Market in South China is strong and the negotiation atmosphere is flat. In the morning, the mainstream quotation of toluene in Shatian, Guangdong Province was RMB/ton (out of the tank), and the domestic delivery was RMB 8600/ton. The market rose and the wait-and-see atmosphere was strong; In the afternoon, the mainstream transaction of toluene in Shatin, Guangdong Province was around 8500 yuan/ton (out of the tank), and the domestic delivery was around 8550 yuan/ton. The goods holders stuck to the price, there were not many inquiries for large orders, and the market negotiation atmosphere was general

xylene:

East China: the xylene market in East China is rising, and the negotiation is general. In the morning, the mainstream price of solvent grade xylene in Zhangjiagang was reported at RMB/ton (out of tank), and the mainstream price of isomeric grade xylene was reported at RMB 8800/ton (out of tank). The price quoted by the holders rose, and the negotiation mentality was positive. The shipment intention of the holders in the xylene market in Ningbo is up to 8700 yuan/ton. Due to the centralized supply of goods in the market, the quotation of the holders is strong, but the downstream demand is weak, and the market is lack of negotiation; In the afternoon, the mainstream transaction of solvent grade xylene in Zhangjiagang was 8650 yuan/ton (out of the tank), and the low-end was 50 yuan/ton higher than the previous trading day; The mainstream transaction of isomeric xylene is 8750 yuan/ton (out of the tank), the market atmosphere is slightly soft, and the trading is general

South China: the xylene market in South China is rising, and the trading is OK. In the morning, the mainstream quotation of solvent xylene in Shatian, Guangdong was around 8800 yuan/ton (out of the tank), the mainstream quotation of isomeric xylene was yuan/ton (out of the tank), and the domestic solvent was delivered to 8900 yuan/ton. The market situation was higher, so it was difficult to negotiate; In the afternoon, the mainstream transaction of solvent xylene in Shatian, Guangdong was 8800 yuan/ton (out of the tank), the mainstream transaction of isomeric xylene was around 8900 yuan/ton (out of the tank), and the domestic solvent was delivered around 8900 yuan/ton. The focus of the market negotiation moved up, and the merchants were reluctant to sell

market trend analysis: driven by the rising crude oil price and the rising external price, coupled with the limited market resources, the prices of some domestic refineries have risen, and the domestic toluene/xylene market has risen steadily. The cargo holders are optimistic that the annual output has reached several 100000 units, and are reluctant to sell. The downstream users' procurement is OK, and the market trading is general. Market participants expect that the domestic toluene/xylene market will hold a consolidation trend in the short term and may be strong

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