India Solvent MX Prices: June 2026 Market Analysis

India Solvent MX: CFR India weakens on lower market offers / Domestic Solvent MX offers stable Rupees 73-74/kg / November ICE Brent futures contract at $67.18/b

Jun 08, 2026

The Indian Solvent MX market softened on Sept. 19, driven by lower offers and persistent domestic inventory tightness. The CFR India Solvent MX cash differential was at FOB Korea plus $91/mt, down $5/mt week over week, under the lowest offer at FOB Korea plus $92/mt from a seller and above a buying idea at FOB Korea plus $90/mt. Solvent MX CFR India down $10/mt and FOB Korea down $5/mt week over week at $745/mt and $654/mt FOB Korea, respectively. During the Market on Close assessment process, offers ranged from FOB Korea plus $92/mt to FOB Korea plus $95-$97/ mt, while buying interest from Indian buyers was reported at FOB Korea plus $90/mt and $75/mt. “We are still not offering solvent MX to the Indian market at present. The US sanctions...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.