Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Alert: Crude Oil Strength Boosts Toluene Prices
Published on 2026-01-29
January 26 (Reuters) - The mainstream quotation range for toluene in the South China market today is 5,400–5,500 yuan/ton, up 30 yuan/ton from the previous trading day. Sinopec South China's toluene listed prices: Guangzhou Petrochemical at 5,500 yuan/ton, Maoming Petrochemical at 5,500 yuan/ton, and Sinopec-Zhongke Refinery at 5,500 yuan/ton. Strengthening crude oil has boosted market sentiment, with overall market quotations rising in early trading today. Suppliers are actively supporting prices, and buying interest has increased. Prices are expected to fluctuate and climb intraday, showing short-term strength. Chempricehub's analysis of toluene, with a long-short score of 1: Toluene spot prices rose 30 yuan/ton today to 5,400–5,500 yuan/ton, boosted by strengthening crude oil, which has improved market sentiment. Suppliers are actively supporting prices, and buying interest has increased. Prices are expected to fluctuate and climb intraday, showing short-term strength, which is favorable for the spot market.