India Toluene Prices Drop on Weak Crude

India Toluene: CFR India lower amid weaker crude / Domestic India toluene rangebound / ICE Brent futures contract at $97.59/b

Jun 02, 2026

Asian toluene $15/metric ton lower day over day at $1,059/mt FOB Korea and $1,178/mt CFR India April 10 amid weaker crude. The front-month ICE June Brent futures contract fell 71 cents/b on the trading session to $97.59/b, while the naphtha C+F Japan marker was $8.75/mt lower at $1,047.75/mt on April 10. the CFR India toluene cash differential at $119/mt, unchanged day over day, amid thin offers. An offer heard at FOB Korea plus $120/mt on a letter of credit 30 days was not considered as it could not be corroborated with the wider market. The assessment was under a selling idea heard in the range of FOB Korea plus $125-$130/mt L/C 90 days. The domestic market remained rangebound at Rupees 104/kg ex-Kandla and Rupees 105/kg ex-Mumbai. A trader said that...

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