India Toluene: Prices steady as tight supply offsets demand concerns / Subdued trading activity in Indian market / ICE December Brent futures at $105.05/b

Oct 17, 2026

the CFR India toluene cash differential unchanged day over day at FOB Korea plus $159/mt on Oct. 16, amid subdued trading activity in the Indian market. CFR India toluene at $1,376.50/mt, down $8.50/mt from the previous assessment. FOB Korea toluene was also $8.50/mt lower day over day at $1,217.50/mt. In the domestic market, ex-tank indications in Kandla and Mumbai were heard at 140 Indian rupees/kg, stable day over day, supported by constrained inventory levels. “Demand is expected to remain resilient in the near term, while inventory levels have yet to show any meaningful improvement,” said an India-based trader. “Upcoming cracker turnarounds in South Korea are likely to influence toluene prices over the coming month,” said an Indiabased toluene producer. “With the gasoline blending season expected to continue through year-end, toluene...

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