Asian Toluene Prices Surge: Market Outlook

Asian Toluene: Prices rise tracking firmer crude / Weaker export interest heard in China amid tightening supplies / Brent futures rise $1.19/b DOD; C+F Japan naphtha marker up $8.25/mt

Jun 06, 2026

Asian toluene up $18/mt from the previous close at $693/mt FOB Korea and $7/mt higher at $690/mt FOB China Nov. 14. Crude oil futures climbed during midafternoon Asian trade on Nov. 14 as a Ukrainian drone attack on Russia’s Black Sea port of Novorossiysk reignited concerns about crude supply risks. Upstream crude and naphtha markets rose, with the front month January ICE Brent futures rising $1.19/b day over day to $63.75/b at the Asian close Nov. 14. Meanwhile, the C+F Japan naphtha marker was at $577.38/mt, up $8.25/mt day over day. the FOB China H1 December and H2 December laycans up $7/mt day over day at $690/mt, in line with tradable indications heard at the same level. Traders in China echoed similar views, stating that toluene supplies in China are...

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