processing...

Blog Details

Both gasoline blenders, as well as TDP units, ease the demand | India Spot discussions are sparse

Jul 05, 2022

- Both gasoline blenders, as well as TDP units, ease the demand- India Spot discussions are
sparse





Asian toluene prices rose in line with
stronger crude oil prices on July 4. TDP users and gasoline blenders were
experiencing a cooling trend, with TDP users and TDP buyers seeing weaker
benzene–toluene/paraxylene-toluene spreads dropping sharply over the past two
weeks. Trading sources reported. On July 1, the benzene–toluene spread
stood at $30.67-35.25/mt. This spread was last seen at $30.83-35.50/mt
on Oct. 19, 2020. The PX-toluene spread hovered below $100-120/mt
at $34.08-40.25/mt on July 4. According to data from the Thailand
Customs Statistical Information Center, May toluene exports to Thailand fell by
27.4% to 21,767 mt compared to a month ago. Sources said
that the operating rates of aromatic units in Thailand were between 80-90% and
May through July. This reduced...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.

Login to Continue