Toluene Weekly Report 25 March 2017

Weekly Price Trend: 20-03-2017 to 24-03-2017

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

• This week prices have followed volatile trend. By the end of the week domestic prices were assessed Rs 48/Kg for bulk quantity for Kandla and Rs.48/kg for bulk quantity for Mumbai ports of India.

Total import at various ports of India February, 2017

Above chart represent the imported quantity of Toluene for the month of February, 2017. Previous month total imported quantity was around 31589mt. As per the chart last month at Ennore port lower quantity has been imported while at Kandla port imports was higher.

Booking Scenario

INDIA&INTERNATIONAL

• This week domestic market price was assessed at Rs 48/kg for Kandla and Rs. 48/kg for Mumbai ports of India.
• CFR India prices were evaluated at USD 780/mt, prices have increased in compares to previous week.
• CFR China price of toluene were assessed at the level of USD 655/mt.
• FOB Korea prices were evaluated at USD 640/mt prices has decreasedin compare to previous week.
• FOB Korea and CFR China prices of Benzene were evaluated at USD 715/mt and USD 725/mt respectively.
• Toluene market was remained volatile this week as demand sentiments also remained fickle.
• As per report, East China toluene prices edge downwards tracking weaker crude.
• This week oil prices have followed scrawny inclination. Oil prices have plunged as U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June. Now investors await a meeting between OPEC and its allies that may signal whether they will extend output curbs.

  $1 = Rs. 65.41                                                   
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50