India Solvent MX Prices: Weekly Market Analysis

India Solvent MX: Cash differential stable amid thin trading, fewer bids / Domestic Solvent MX offers stable at Rupees 72.50-73/kg / November ICE Brent futures contract at $66.76/b

Jun 12, 2026

The Indian Solvent MX market remained quiet on Sept. 5, amid continued tightness in supply and higher offers. The CFR India Solvent MX cash differential was assessed at FOB Korea plus $96/mt, stable week over week under corroborated offers heard at FOB Korea plus $100/mt and above a buying idea at FOB Korea plus $90/mt. Solvent MX CFR India down $5/mt and FOB Korea also down $5/mt week over week at $761/mt and $665/mt FOB Korea, respectively. An offer of FOB Korea plus $100/mt was heard during the Market on Close assessment process, and buying ideas were heard higher at FOB Korea plus $90/mt from an Indian buyer. Several sellers did not have cargo to sell to India. “We have no offers currently for India,” said an international seller. “We...

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