India Toluene: Prices hold steady amid tight supply outlook / CFR India differential stable at $169/mt / December ICE Brent futures at $117.11/b

Oct 31, 2026

the CFR India toluene cash differential at FOB Korea plus $169/mt on Oct. 30, stable day over day. CFR India toluene at $1,412.5/mt, up $7/mt day over day, while FOB Korea toluene was at $1,243.5/mt, also up $7/mt over the same period. In the domestic market, prices across key locations were heard stable at around 141-142 Indian rupees/kg, with buying activity remaining subdued. “The cash differential is expected to remain elevated amid ongoing uncertainties across the market,” said a South Asian producer. “Given the limited inventory availability and the anticipated turnaround season in China and South Korea, sellers are not expected to lower FOB Korea prices or cash differentials anytime soon,” said the same producer. The front-month ICE December Brent futures contract was at $117.11/b as of the Asian close...

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