Toluene Prices Kandla & Mumbai

India Toluene: Market stable amid unchanged fundamentals / April ICE Brent futures contract at $71.63/b / Domestic toluene offers at Rupees 75.50- 76/kg

Jun 03, 2026

The Indian toluene market remained stable on Feb. 20 amid unchanged fundamentals. the CFR India toluene cash differential stable day over day at FOB Korea plus $94/metric ton Feb. 20, under an offer for a 30-day letter of credit at FOB Korea plus $92/mt, which normalized to FOB Korea plus $99/mt for a 90-day L/C. Toluene CFR India at $830/mt, up $7/mt day over day, while the FOB Korea assessment also rose $7/mt day over day to $736/mt amid a stronger Korean market. Dollar-denominated trading remained thin Feb. 20, with offers heard at FOB Korea plus $92/mt and FOB Korea plus $90/mt during the Platts Market on Close assessment process, but no bids or buying interest emerged from Indian buyers. “Sellers are offering Letter of Credit 90 days for March,...

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