Live Solvent MX Rates: CFR India & Kandla

India Solvent MX: CFR India rises amid firm buying interest, tight supply / Jan ICE Brent futures contract up $1.19/b / Domestic solvent MX offers stable

Jun 06, 2026

The Indian Solvent MX market strengthened Nov. 14 amid higher buying interest and limited inventory. The CFR India Solvent MX cash differential was assessed at FOB Korea plus $121/mt, up $6/mt week over week under an offer heard at FOB Korea plus $120/mt LC at sight, normalised to FOB Korea plus $132/mt LC 90 days and above bid at FOB Korea plus $120/mt from a buyer. Solvent MX CFR India up $10/mt week over week and FOB Korea up $4/mt at $786/mt and $665/mt FOB Korea, respectively, amid a stronger Korean market. An offer of FOB Korea plus $120/mt line of credit at sight was heard during the Market on Close assessment process with bids or buying levels received from several Indian buyers in the range of FOB Korea plus...

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