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China domestic price rises over April 6  | The trade discussions are still thin

China domestic price rises over April 6 | The trade discussions are still thin

Apr 11, 2023

- China domestic price rises over April 6- The
trade discussions are still thin





Asian toluene prices are firmer every day
since April 10. During the Market on Close
assessment, there were no transparent offers or bids. FOB China
was reported to have been offered at $985/mt, for 5,000 mt cargoes. However,
some sources claimed that the tradable price was at $960/mt. According to
industry sources, no buyers were found at these levels. Trading
sources reported that FOB Korea's tradable levels were subject to discussion.
Some indications were heard at $920/mt while others were heard at $960/mt. There were
no firm offers or bids and trading activity was slow. East China
domestic prompt ex–tank supplies rose day-on-day at Yuan 7,420/mt. This equated
to approximately $932.10/mt if you consider import-parity. According to
broking sources, prices were higher despite the lack...

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