Toluene Weekly Report 30 June 2018
Weekly Price Trend: 25-06-2018 to 29-06-2018
- The above given graph focuses on the Toluene price trend for current week.
- This week prices have increased. By the end of the week domestic prices were assessed at Rs 58/Kg for bulk quantity for Kandla and Rs 57.5/kg for Mumbai ports of India.
Booking Scenario
INDIA&INTERNATIONAL
- This week domestic market price was assessed at Rs 58/kg for Kandla and Rs. 57.5/kg for Mumbai ports of India.
- CFR India prices were evaluated at USD 795/mt, prices have increased in compares to previous week.
- This week Toluene prices have escalated due to improved demand sentiments from end users.
- East China toluene port inventories rise by 20.8% week on week.
- CFR China price of toluene were assessed at the level of USD 755/mt.
- FOB Korea prices were evaluated at USD 745/mt prices has increased in compare to previous week.
- CFR south east Asia price were evaluated at USD 785/mt.
- This week crude oil prices have escalated. On Thursday oil prices climbed, with U.S. crude hitting a three-and-a-half year high, bolstered by supply concerns due to U.S. sanctions that could cause a large drop in crude exports from Iran.
- On Thursday, closing crude values have increased. WTI on NYME closed at $73.45/bbl; prices have increased by $0.69/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.23/bbl in compare to last closing price and was assessed around $77.85/bbl.
$1 = Rs. 68.47
Import Custom Ex. Rate USD/ INR: 69.10
Export Custom Ex. Rate USD/ INR: 67.40
