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Toluene prices pitched higher in Asian market

There has been significant rise in Toluene values across Asian market. Improvement in energy values coupled with improvement in equity market of China has led to rebounding of petrochemical prices.

FOB Korea values were assessed around USD 720/MTS, an increase of USD 40/MTS compared to last closing values. On other side CFR China prices were assessed around USD 710/MTS, an increase of USD 30/MTS compared to last closing prices. On other prices in the domestic market of China were assessed around 5060 Yuan, an increase of 160 Yuan in one day.