May 21st - In the Shandong region, the mainstream toluene price range is 7,100-7,150 CNY/ton, unchanged from the previous trading day. A sharp decline in crude oil weighed on the overall aromatics market, leading to cautious purchasing sentiment. In the short term, the market is expected to experience weak fluctuations.

According to Chempricehub’s assessment of toluene, the bullish-bearish score stands at -1. Currently, the mainstream spot toluene price range in Shandong remains at 7,100-7,150 CNY/ton, flat compared to the previous trading day. The sharp drop in crude oil has dragged down the overall aromatics market, with market participants adopting a cautious stance on procurement. Toluene prices are expected to fluctuate weakly in the near term, posing a generally bearish impact on prices.