- China April discussions remain rangebound around Yuan
7,580-7,590/mt- BPCL, RIL, and Indian
refiners raise the toluene base price



Prices for May supplies were heard being
offered at Yuan 7,630-7,620/mt. May supplies
were offered between Yuan 7,630-7620/mt. Spot trade discussions on
FOB Korea or FOB China were minimal, according to trading sources. Sources said
that FOB China selling indications were wide and mostly hovered around $980-$990/mt. Tight
South Korean supplies continued to strain spot supply . "TDP
[toluene disproportionation] seems good for now. But not as
strong... [For] June, our production rate is not yet fixed. India's
ex-tank Kandla talks were heard more firm at around Reliance Industries Ltd. has revised its prices in the
latest round. Reliance Industriesb> /b>Ltd. increased
its basic toluene price to Rupees 87.5/kg effective April 16. Bharat petroleum
Corporation Ltd. increased its basic toluene price by Rupees 3kg...