Toluene Weekly Report 28 July 2018

Weekly Price Trend: 23-07-2018 to 27-07-2018

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

• This week prices have remained volatile. By the end of the week domestic prices were assessed at Rs 56/Kg for bulk quantity for Kandla and Rs 56.5/kg for Mumbai ports of India.

Booking Scenario

INDIA&INTERNATIONAL

• This week domestic market price was assessed at Rs 56/kg for Kandla and Rs. 56.5/kg for Mumbai ports of India.
• CFR India prices were evaluated at USD 825/mt, prices have increased in compares to previous week.
• This week Toluene prices have increased on account of improved demand sentiments from end users.
• CFR China price of toluene were assessed at the level of USD 795/mt.
• FOB Korea prices were evaluated at USD 770/mt prices has increased in compare to previous week.
• CFR south East Asia price were evaluated at USD 790/mt.
•  As per report, East China toluene port inventories fall by 11.9% resulted increase in prices.
• India's toluene trade weighed by strikes, spark concerns about stockpiles.
• On Thursday, closing crude values have increased. WTI on NYME closed at $69.61/bbl; prices have increased by $0.31/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.61/bbl in compare to last closing price and was assessed around $74.54/bbl.

 $1 = Rs. 68.65
 Import Custom Ex. Rate USD/ INR: 69.60
 Export Custom Ex. Rate USD/ INR: 67.90