Toluene prices fell this week in Northeast Asia

Toluene:

Traders and manufacturers, said the weakness in demand in China this week, and weekly decline in crude oil prices pulling down the price of Northeast Asia

10-20 U.S. dollars / ton.

Friday before Labor holiday further weakening of import demand in China. East China's stock market is still the high inhibition of buyers interested in

importing a factor. Estimated stock of about 90,000 tons of East China. China's domestic market demand for end-user performance deserted, but the  Chinese

demand for gasoline blending in toluene may give the market the next few weeks to provide support.

A regional traders said the market there are some allegedly buying from Taiwan, but the intention of the expected price is lower than the seller. Southeast

Asia, bargaining is limited because the long holiday weekend market transactions to further slow down. India, trading slowed, partly because the labor

holiday, also the international market as buyers expected prices to decline, and therefore hesitant to purchase.

TDP demand device appears to have stabilized toluene, due to a number of devices in recent weeks has been restarted. More may be TDP manufacturers are

considering to restart the device or to increase production. But did not get the exact message.

Northeast Asia and Southeast Asia toluene supply balance - a situation sufficient to bring further pressure to the market side. Cleavage and re-manufacturers

in Northeast Asia is to maintain close production companies operating rate of operation, however, some manufacturers are using liquefied petroleum cracking

as raw material, which reduced production of aromatics. Overall, the aromatic hydrocarbon production in the first quarter profit compared with the greatly

improved.
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Northeast Asia, FOB South Korea deserted market trading on Tuesday, half of the two pen June shipments $ 600 / ton (FOB Korea) price.

May half of the bargaining cargo limited bids from the beginning of the week 605 U.S. dollars / ton (FOB Korea) fell to 577-590 later in the week U.S.

dollars / ton (FOB Korea), not aware of any offer.

Allegedly, the delivery of cargo weekly June price of 600 U.S. dollars / ton (FOB Korea) over the price, but from Wednesday onwards down to 580-591 U.S.

dollars / ton (FOB Korea). Wednesday before the vendor had to be Monday in the 620-630 U.S. dollars / ton (FOB Korea) Price reduced to $ 600 / ton (FOB

Korea). Friday's trading stagnation, due to Singapore, South Korea and China Labor holiday rest. Friday, FOB Korea, valued at 590-600 U.S. dollars / ton,

this week is valued at 585-620 U.S. dollars / ton.

CFR China, the trade also slowed, and only half of the two document the arrival of cargo in June $ 620 / ton (CFR China) price deal. This week's close, the

delivery price of 600-610 U.S. dollars / ton (CFR China), corresponding to the offer of 625-635 U.S. dollars / ton (CFR China). Friday, CFR China, valued at

610-625 U.S. dollars / ton, this week is valued at 605-630 U.S. dollars / ton.

Taiwan, a Taiwanese buyer inquiries this week, but still lower than the purchase price of vendor intentions about 600 U.S. dollars / ton (CFR Taiwan)

intention sales price. It is reported that on Tuesday, a group in May or June half of the first half of the arrival of cargo delivery price of $ 610 / ton

(CFR Taiwan). Friday, CFR Northeast Asia, trailing in the overall price trend estimate fell to 605-625 U.S. dollars / ton, this  week is valued at 600-630

U.S. dollars / ton.

Southeast Asia, the region is not much real bargain. Alleged that in May or early June arrival of the cargo sales price of 630-660 intention of U.S. dollars

/ ton (CFR Philippines). However, the purchase price less the intention, about 600 U.S. dollars / ton (CFR Philippines).

Friday, CFR Southeast Asia to follow the general market trend estimate fell to 610-630 U.S. dollars / ton, this week is valued at 610-640 U.S. dollars / ton.

India, importers purchase from India this week, limited interest, partly because of Kandla ample inventory. Fluctuations in crude oil prices and the recent

decline in the price of toluene in Asia has also inhibited the Indian buyer sentiment.

Holiday deals are subject to Mumbai on Thursday and Friday of the national labor holiday. Alleged that in May the majority of cargo in the sales price of

intention 650 U.S. dollars / ton (CFR India) about the intention on Friday that some sales price of approximately 620 U.S. dollars / ton (CFR India). Friday,

CFR India valued at 610-630 U.S. dollars / ton, this week is  valued at 610-650 U.S. dollars / ton.

Candela and Mumbai in India, libraries, price 34.50-36.00 rupees / kg, up from last week of Rs 0.50-1.00 / kg.