Toluene Weekly Report 09 June 2018

Weekly Price Trend: 04-06-2018 to 08-06-2018

• The above given graph focuses on the Toluene price trend for current week.

• This week prices have fluctuated. By the end of the week domestic prices were assessed at Rs 58/Kg for bulk quantity for Kandla and Rs 58/kg for Mumbai ports of India.

Booking Scenario

INDIA&INTERNATIONAL

• This week domestic market price was assessed at Rs 58/kg for Kandla and Rs. 58/kg for Mumbai ports of India.
• CFR India prices were evaluated at USD 840/mt, prices have increased in compares to previous week.
• Presently toluene market have improved little as demand escalate from end users.
• Asian toluene market for the second half of this year will be determined by the buying activity from Chinese importers, as per report.
• This week oil prices have followed volatile trend. On Thursday oil prices surged due to concern about a steep drop in exports from Venezuela and concerns OPEC may not raise production at its meeting this month.
• On Thursday, closing crude values have increased. WTI on NYME closed at $65.95/bbl; prices have increased by $1.22/bbl in compared to last closing prices. While Brent on Inter
• Continental Exchange increased by $1.96/bbl in compare to last closing price and was assessed around $77.32/bbl.
• CFR China price of toluene were assessed at the level of USD 805/mt.
• FOB Korea prices were evaluated at USD 780/mt prices has increased in compare to previous week.

 $1 = Rs. 67.50
 Import Custom Ex. Rate USD/ INR: 67.85
 Export Custom Ex. Rate USD/ INR: 66.15