Asian Toluene: Prices decline amid thin trading / Asian toluene prices fall $7/mt to $1,064/mt / Toluene-naphtha spread narrows to $201/mt / Mixed xylene gains $80/mt on week

Sep 05, 2026

Asian toluene down $7/mt from the previous close at $1,064.00/mt FOB Korea and $1,071.00/mt FOB China on Sept. 4. During the Market on Close assessment process, no bids and offers were observed in the FOB Korea market. No trades were concluded before the end of the Market on Close assessment process. A Northeast Asian producer told that toluene- naphtha spread is quite high, leaving less room to go higher. The spread between the FOB Korea toluene marker and the benchmark CFR Japan naphtha physical was recorded at $201/ mt, $15/mt narrower day over day from $216/mt. Earlier in the trading session, a Southeast Asian toluene distributor said ethyl acetate is cheaper and easier to trade than toluene, as end users are always seeking cheaper alternatives. A Southeast Asian producer heard...

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