Sinopec South China Company Toluene Posted Price on October 9

Chempricehub, October 9

On October 9, Sinopec South China Company announced the following posted prices for toluene:

• Guangzhou Petrochemical (Isomerized Grade): CNY 9,250/ton
• Maoming Petrochemical (Isomerized Grade): CNY 9,250/ton
• Zhongke Refining & Chemical (Isomerized Grade): CNY 9,250/ton

Following the holiday, prices for both toluene and xylene have trended upward overall. The strengthening of crude oil has boosted the aromatics market sentiment. Demand on the PX (paraxylene) side is expected to improve. Currently, spot market inventories remain at low levels, chemical demand is robust, and export arbitrage windows have opened, providing ample supply-demand support. Therefore, the spot market is projected to maintain a stable yet slightly bullish trend in the near term.