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China toluene imports to fall on low demand

Focus China toluene imports to fall on low demand

By Mahua Chakravarty and Susan Yan 

SINGAPORE (ICIS news)--Demand for toluene imports into China, which has been lacklustre in the past two months, may see limited resurgence on additional supply from new domestic plants, said traders and producers on Friday.

Domestic market prices were even expected to fall in the next two months due to slow trades and high inventory with leading producer Sinopec increasing supply from new plants, said traders in China.

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