Asian toluene prices rise amid stronger aromatic markets / Supply constraints tighten across region / Mixed xylene jumps $25/mt week over week / Brent crude surges to $117.11/barrel

Oct 31, 2026

Asian toluene up $7/metric ton day over day at $1,243.50/mt FOB Korea and up $8/mt at $1,239.50/mt FOB China Oct. 30. During the Market on Close assessment process, no bids and offers were heard in the FOB Korea market. Earlier in the day, a 2 kt trade was heard done at CFR India $1,350/mt. Market participants continue to see tight supply persist in Asia. A Southeast Asian trader said that toluene supply remains tight within Southeast Asia. Another Southeast Asian producer said, “Demand is quite strong, and buyers who can import are struggling [due to] increase of import cost[s].” A Chinese trader agreed, expecting toluene supply to remain tight in December. A Northeast Asian trader told that crackers remain shut, so toluene supply in South Korea will remain tight. In...

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