Crude oil continued high width oscillation, showing a downward trend, East China toluene, xylene delivery at the end of the month, gradually ended. The external news surface is weak, domestic demand is general, and most of them purchase on demand, and the market lacks effective support. With the end of the overhaul in Shandong, the overall supply side has increased, the market center of gravity has moved down, and the operation is weak.
Next week forecast
With the gradual decline of crude oil, and at the recent low point, do not rule out signs of rebound, toluene, xylene Shandong refinery price, pay close attention to the impact of supply and demand changes, short-term weak or stop the decline to stabilize, need to pay attention to the bottom rebound, maintain a cautious operation mentality.
