January 27th — The mainstream quotation range for toluene in the South China market today is 5,500–5,570 yuan/ton, up by 70 yuan/ton compared to the previous trading day. The listed prices of toluene by Sinopec South China Company are as follows: Guangzhou Petrochemical at 5,500 yuan/ton, Maoming Petrochemical at 5,500 yuan/ton, and Sinopec Zhongke Refining & Chemical at 5,500 yuan/ton. In the early trading session today, market quotations generally rose, with suppliers actively supporting prices and buyers showing increased willingness to follow up. It is expected that prices will fluctuate and climb during the day, showing a short-term bullish trend.
Chempricehub's analysis of toluene, with a long-short score of 2: The mainstream quotation range for toluene spot prices today is 5,500–5,570 yuan/ton, up by 70 yuan/ton compared to the previous trading day, indicating a significant increase. Sinopec South China Company's unified listed price of 5,500 yuan/ton reflects suppliers' active efforts to support prices and buyers' increased willingness to follow up, creating an optimistic market sentiment. It is expected that prices will fluctuate and climb during the day, showing a short-term bullish trend, suggesting tight supply or strong demand, which constitutes a significant positive impact on spot prices.