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India Toluene: Market stable amid rangebound discussions / Feb ICE Brent futures contract at $59.75/b / Domestic offers fall to Rupees 81-82/kg

India Toluene: Market stable amid rangebound discussions / Feb ICE Brent futures contract at $59.75/b / Domestic offers fall to Rupees 81-82/kg

Jun 04, 2026

The Indian toluene market remained stable on Dec. 19, amid declining domestic prices and stable spot offers. The CFR India toluene cash differential stable day over day at FOB Korea plus $105/mt Dec. 19, under the lowest offer heard at FOB Korea plus $100/mt with letter of credit 30 days, normalized to FOB Korea plus $107/mt L/C 90 days and above buying indications at FOB Korea plus $90-$95/mt L/C 30 days normalized to FOB Korea plus $97-$102/mt L/C 90 days.

Toluene CFR India at $740/mt, up $1/mt day over day, while FOB Korea was also up $1/mt day over day at $635/mt amid a stronger Korean market. Several offers of FOB Korea plus $100/mt, FOB Korea plus $109/mt, and FOB Korea plus $108/mt were present during the Market on Close...

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