Asian Toluene Prices Rise Due to Tightening Supplies- Asia's
supply tightens due to low operating rates- The
SCG will close its ROC cracker for 30-45 DaysDespite growing supply shortage concerns,
discussions have been intensified in India's toluene markets. SCG Chemicals Thailand's
ROC cracker will be closed for maintenance turnaround beginning mid-September
for between 30-45 days. According to
reports, the plant has a toluene production rate of between 8,000 and 9,000
mt/month. According to some reports, the
turnaround has increased toluene shipment to India, which is a major buyer of
Thai cargoes. "[Toluene] is really
tight. According to manufacturers,
September will be just as bad as August. "Local
customers should get what they can at the moment," stated an international
toluene trader. Sources agree that spot
availability will be affected by tight Korean cracker run rates. The second half of September...