Weekly Toluene Report 11th December 2020

Weekly Price Trend: 07-12-2020 to 11-12-2020

• Domestic prices remained stable to firm for this week in Indian domestic market. By end of the week prices were assessed the level of Rs.51.5/Kg for this week.
• By end of this week prices were assessed at the level of Rs.51.5/Kg, for both the ports. Prices have been floating in the range of Rs.49-52/kg for this week. 

Booking Scenario

 INDIA & INTERNATIONAL

• This week domestic market price was assessed at Rs.51.50/Kg for bulk quantity for Kandla and for Mumbai port. Domestic prices stable to firm for this week.
• CFR India prices were evaluated at USD 545-565/MT for this week. Prices increased by USD 30/MT for this week. FOB Korea values for Toluene was assessed around USD 480-500 for this week. Prices increased by USD 35/MT for this week. On other side CFR China prices were assessed around USD 470/MT for this week.
• CFR SEA prices were assessed around USD 490/MT for this week.
• FOB Korea values were assessed in the range of USD 615-635/MT, increased by USD 10/MT for this week. Earlier there was continuous rise in Toluene prices due to strengthening of Benzene and crude prices. CFR China values were assessed in the range of USD 615/MT.
• Domestic prices of Toluene were assessed at the level of Rs.51.5/Kg for this week.
• India has imposed anti-dumping duty on TDI imports having isomer content in the ratio of 80:20, from European Union, Saudi Arabia, Chinese Taipei and UAE, for six months beginning December 2.
• The provisional anti-dumping duty imposed under this notification shall be effective for a period of six months (unless revoked, amended or superseded earlier) from the date of publication of this notification.

$ 1 = Rs. 73.65

Import Custom Ex. Rate USD/ INR: 74.70                                            

Export Custom Ex. Rate USD/ INR: 73.00