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Asian Toluene: Prices fall amid backwardation in gasoline markets  / Singapore gasoline exports to Australia up 17.28% week over week  / East China port inventory up 8,600 mt WOW; South China port inventory down 3,100 mt WOW / Taiwan’s CPC sell-tender concludes at $675-$680/mt: market sources

Asian Toluene: Prices fall amid backwardation in gasoline markets / Singapore gasoline exports to Australia up 17.28% week over week / East China port inventory up 8,600 mt WOW; South China port inventory down 3,100 mt WOW / Taiwan’s CPC sell-tender concludes at $675-$680/mt: market sources

Jun 08, 2026

The FOB Korea toluene marker at $654.50/mt, down $9/mt from the previous close, and the FOB China marker at $670/mt, down $3/mt day over day on Sept. 19, amid a steep backwardation structure in Singapore gasoline markets. the FOB Korea H2 October laycan $9/mt lower at $655/mt, below an October offer heard at $656/mt, while keeping the intraday H2 Oct/H1 Nov spread stable at plus $1/mt. Toluene trade flows between South Korea and India appear to be operating normally, said a South Korean producer. While the situation remains business as usual between the two nations, several sources have reported increased Indian interest in Chinese-origin cargoes. However, a producer in China said that, given the current prices and India’s customs duties on Chinese exports, reaching an agreement between buyers and sellers...

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