India Solvent MX Prices Stable

India Solvent MX: Stable amid steady spot offers, thin trading / March ICE Brent futures contract at $69.71/b / Domestic offers rise to Rupees 77-78/kg

Jun 03, 2026

The Indian Solvent MX market remained stable on Jan. 30, amid stable spot offers and thin trading activity. The CFR India Solvent MX cash differential was at FOB Korea plus $111/mt Jan. 30, stable week over week, under the lowest offer heard and corroborated at FOB Korea plus $105/mt with letter of credit 30 days normalized to FOB Korea plus $113/ mt L/C 90 days and above buying indications at FOB Korea plus $95-$100/mt with L/C 30, normalized to FOB Korea plus $102- $108/mt with L/C 90 days from buyers. Solvent MX CFR India up $15/mt and FOB Korea also up by $15/mt week over week at $849/mt and $738/mt FOB Korea, respectively, amid a stronger Korean market. Several offers of FOB Korea plus $105/mt, FOB Korea plus $107/mt for...

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.