Chemical Updates

India Toluene: Cash differential remains stable amid thin trade / Oct ICE Brent futures contract at $89.39/b / FOB Korea firms $24/mt day over day

Aug 29, 2026

The Indian toluene market remained stable Aug. 28 amid limited offers and thin trade activity. the CFR India toluene cash differential stable day over day at FOB Korea plus $131/mt Aug. 28. toluene CFR India at $1,085.50/mt, up $24mt day over day, while FOB Korea was at $964.50/mt, also up $24/mt amid a stronger Korean market. The market awaited the October shipment offers, and hence, trading activity remained thin. Forward-looking feedback was mixed. While one trader said October prices will be lower as a vessel was scheduled to arrive in the week beginning Aug. 31, another said the market would be stable to firm in the near future. The domestic market remained closed due to a Raksha Bandhan holiday. In crude, the front-month October ICE Brent futures contract was recorded...

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