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Toluene values lowered significantly in last two days

There has been significant lowering in Toluene values in this week on back of lowering of energy values. Last week closing FOB Korea values were assessed around USD700/MTS which has now lowered to the level of USD 660/MTS, significantly lowered by USD 40/MTS in last two days. Declining of crude values and uncertainty in China stocks has pulled up the values for majority of petrochemical products. Domestic values in the China market were assessed around 5070 Yuan again lowered by 140 Yuan compared to Friday closing values.