- Toluene premiums are stable during the week- is less popular than blenders



In the week ending Sept. 2, the European
toluene markets saw little change in fundamentals, with the toluene premium
remaining stable over gasoline week-on-week. According to a producer, the
demand is not strong. It is balanced by
limited production. Despite the drop in
natural gas prices, production economics remain poor, and run rates are low. According to the market, the current buying appetite is
driven mainly by chemical producers and distribution sectors. Due to a narrowing of the gasoline-naphtha spread, gasoline
blenders are losing interest in toluene blending components. The producer stated that gasoline blenders no longer have
the financial resources to purchase them. Sources
predict that the demand for toluene will recover quickly as TDI producers who
were in maintenance in the summer,...