India Toluene: Market stable amid tight supply, elevated prices / Tight supply drives up domestic tank prices / December ICE Brent futures at $102.96/b

Oct 12, 2026

The Indian toluene market was stable day over day Oct. 9 amid tight inventory levels and limited product availability. the CFR India toluene cash differential unchanged day over day at FOB Korea plus $163/mt on Oct. 9. CFR India toluene at $1,403/mt, down $8/ mt from the previous assessment, while FOB Korea toluene was assessed at $1,240/mt, also down $8/mt day over day. In the domestic market, ex-tank prices in Kandla were heard at 142-145 rupees/kg, up 3-5 rupees/kg from previous levels, supported by tight supply conditions. “The market remains significantly short of toluene, with a large portion of available volumes being exported to other regions,” said an India-based importer. “One or two cargoes from South Korea are expected to arrive at Kandla/Mumbai by the end of October or during...

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