- India January-loading Spot Discussions Begin in India- KPIC tender closes with a
premium at $27-30/mt: Sources





Prices of Asian toluene were stable
December 12 due to thin trade activity. During the Market on Close assessment process,
there were no transparent offers or bids on FOB Korea and FOB China. domestic
prices were weak at Yuan 6,020-6,100/mt. This was against the offer levels of
Yuan 6,040-6,120/mt. According to market sources, the market fundamentals
was soft overall due to low buying interest in South Asia. The tender closed on
FOB Korea's annual sell tender at a premium $27-$30/mt. The tender
was until December 7. It requested bids for 2,000 tonnes per month from
January to December 2023 (plus/minus 5 percent seller's option). Sources said
that cargoes arrived in January were better than in early December. Sources said
that December-loading cargoes...