Asian Toluene Prices Drop | Chemicals Updates

Asian Toluene: Prices weaken amid caution among buyers / TDP margins squeeze amid strength in toluene prices / Buyers adopt cautious approach amid elevated prices, ongoing volatility

Jun 03, 2026

The toluene price $12.25/mt lower day over day at $728.75/mt FOB Korea, while the FOB China marker was down $8/mt during the same period at $710/mt Feb. 6, amid buyers’ cautious stance. During the Market on Close assessment process, several bids and offers were floated in the FOB Korea market, with the sharpest bid for 3,000 mt of March loading toluene cargoes at $727.75/mt, while the lowest offer for 2,000 mt of March loading toluene cargoes was at $730/mt. the FOB Korea H1 and H2 March laycans at $728.75/mt, while FOB China H1 and H2 March laycans were at $710/mt. Since the beginning of the new year, the Asian toluene marker has strengthened from $653/mt on Jan. 2, putting pressure on toluene disproportionation margins. “TDP margins are getting worse,” a...

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