Sinopec raises South China toluene prices 1.3%

China Petroleum and Chemical Corp, or Sinopec, raised ex-factory toluene prices at its South China subsidiaries by 1.3% or Yuan 100/mt Friday, a company source said.

Sinopec Guangzhou will now offer toluene at Yuan 8,050/mt, or $1,078.72/mt on an import parity basis, while Sinopec Maoming will offer toluene at Yuan 8,000/mt.

The source did not have details of the previous time Sinopec changed South China prices.