Chemical Updates

Asian toluene: Prices rise on tight supply, restocking demand / Restocking demand drives market higher / China’s toluene exports jump 76% in June

Jul 25, 2026

Asian toluene up $2/mt from the previous close at $978.50/mt FOB Korea and up $5/mt at $983.50/mt FOB China on July 24. During the Market on Close assessment process, no bids and offers were floated in the FOB Korea market. No trades were heard concluded at the end of the MOC. Prices were higher as South Korean buyers were heard inquiring about August cargo, a China-based producer said. A Southeast Asian trader also agreed that toluene supply is tight in Southeast Asia, adding that solvent users have begun to stock up. “Now we need to replenish our inventories back to normal levels,” the same trader said. Another Southeast Asian trader told that buyers were “worried about future rising prices.” The CFR Southeast Asia marker was assessed $103/mt higher week over...

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