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Year-end lull leads to thin trading | South Korea Nov Toluene Exports Jump 35%

Year-end lull leads to thin trading | South Korea Nov Toluene Exports Jump 35%

Dec 21, 2022

- Year-end lull leads to thin trading- South Korea Nov Toluene
Exports Jump 35%





Asian toluene was stable at $769/mt FOB
Korea on the day, down $5/mt $760/mt CFR China and $2/mt $780/mt FOC China
Dec. 20, with few spot discussions due to tight supplies and muted demand. According to industry source, a Chinese origin
cargo was offered for the second-half of January loading at $790810/mt FOB Zhangjiagang.
It would be 3,000 mt in weight, minimum 99.9% purity and letter credit at sight. There were
no trades reported. A Chineseb> /b>origin cargo for second-half January
loading was heard offered at $790-810/mt FOBb>Zhangjiagang for 3,000 mt,
minimum 99.9% purity and letter of credit at sight. This is due to improved
market sentiment. FOB Korea offered zero-duty January-loading
cargoes at $140/mt against January bids at FOB Korea plus $130/mt. Spot offers
were fewer...

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