On November 11, FOB Korea toluene prices rose by USD 10/ton to USD 1,010/ton, while FOB China toluene prices increased by USD 10/ton to USD 1,058.5/ton.
In the Indian market, toluene prices trended higher. The CFR India–FOB Korea spread stood at USD 171/ton, unchanged from the previous assessment. CFR India toluene prices advanced by USD 10/ton to USD 1,181/ton. Market sources noted that the Indian market remained closed today due to the festive season and is scheduled to reopen on November 12. In the domestic market, ex-tank prices in Kandla were quoted at INR 128/kg, while Mumbai ex-tank prices declined by INR 2–3/kg to INR 129/kg. Additionally, ex-tank prices for toluene with delivery in the first half of December were reported at INR 123/kg.
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