- China continues to export toluene- Indian market balance on incoming supplies



Due to thin spot discussions before the
rollover of June 16, Asian toluene prices fell on June 15, despite the lower Asian
toluene prices. FOB
Korea prices dropped $26-32/mt with an offer of $1,265-1,300/mt. The 2000 mt any-July cargo was available from $1,270-1,300/mt
to all takers. "Seems like prices are
not slowing down fast enough. . . A trader stated that
local solvents are not affordable for people who can't afford to buy so much
toluene. She added that gasoline blenders
cannot afford to spend more than $1,300-1,340/mt CFR SE [for solvent-mx]". "PX and MX are still falling. I believe toluene should
slide soon. . . Another trader stated
that consumers who want non-gasoline products cannot afford such a high price. "China still exporting. . . A trader stated that he heard 1300...