India Toluene: Cash differential stable amid limited spot offers; thin trade activity / Nov ICE Brent futures contract at $105.79/b / Domestic toluene offers at Rupees 148/kg / FOB Korea at $1,209/mt

Sep 26, 2026

The Indian toluene market remained stable amid thin trade activity Sept. 25. the CFR India toluene cash differential as stable day over day at FOB Korea plus $156/metric ton on Sept. 25. toluene CFR India at $1,365/mt, down $12/mt day over day, while FOB Korea was assessed at $1,209/mt, down $12/mt, amid a weaker Korean market. The gap between sellers and buyers narrowed, while limited offers were heard during the Market on Close assessment process and buying indications were heard from buyers at FOB Korea plus $150/mt amid tight supply. “We are hearing offers around FOB Korea plus $160-$170/mt range; however, we are in a wait and watch more presently”, said an end user. “Buyers are around FOB Korea plus $150/mt levels, and some China cargo offers are also present...

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