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Philippines' Petron Corp launches spot sell tender for Jan, 27 - 31 loading  | CPC of Unv1 has closed its No. Sources: 3 aromatics unit closed due to feedstock problems  | China's domestic toluene price drops Yuan 100/mt during the day

Philippines' Petron Corp launches spot sell tender for Jan, 27 - 31 loading | CPC of Unv1 has closed its No. Sources: 3 aromatics unit closed due to feedstock problems | China's domestic toluene price drops Yuan 100/mt during the day

Dec 20, 2022

- Philippines' Petron Corp launches spot sell tender for
Jan. 27 - 31 loading-CPC of Unv1 has closed its No. Sources: 3 aromatics unit closed due to feedstock
problems- China's domestic toluene price drops Yuan 100/mt during
the day





Asian toluene prices dropped Dec. 19,
following crude oil futures. Overall energy complex fell $21/mt. an
offer last made at $770/mt. The
offer was for 2,000 mt loading January, ASTM D-841 with LC at sight. There was no trade. There
was no trade. Lotte Chemical was reported
to have received a premium of about "FOB Korea plus" $6-$7/mt for a
combined toluene-MX parcel. This premium is around $9/mt. The South Korean producers expected the 2023 term
cargoes would be at aroundFOB Korea plus $30-40/mt. However, these levels
have not yet been transacted, sources stated. Sources in the industry said that the "lower"
traded level...

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