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Toluene prices plummeted in Asia (21.05.2015)

Toluene prices are on constant declining mode in Asia since last three days. Slowdown in the prices has been due to fall in downstream Benzene and Xylene values. As per market sources,FOB Korea price for Toluene was assessed around USD750/mt, lowered by USD30/MTS compared to last week’s closing prices. On other side Benzene prices were assessed around USD710/MTS, lowered by USD 40/MTS compared to last week’s closing prices. There were decline in the energy values as well in last few days leading to slowdown in Aromatic product values.