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Toluene Market Trading Situation in Shandong Region on March 6
Published on 2026-03-06
March 6th — In the Shandong region, the early morning mainstream quotation range for toluene is between 6,300 and 6,350 yuan per ton, representing an increase of 200 yuan per ton compared to the previous trading day. International crude oil prices closed significantly higher, though they have slightly retreated from the overnight highs during the day. Close attention should be paid to developments in Iran and related news concerning the Strait of Hormuz, as these factors may influence domestic bulk commodities. Currently, the supply of toluene and xylene is relatively tight, with both upstream and downstream products showing overall strength. Market support remains robust, and the overall trend is leaning toward a strong performance.