Louisiana (USA)- Toluene prices remained steady in North America despite the ongoing increase in WTI crude oil and naphtha prices in the region. Manufacturers of Toluene are striving to maintain a balance between supply and demand within the domestic market. The cost of producing Toluene is closely connected to the overall costs of naphtha and crude oil in the domestic market. Market fluctuations occurred amidst the variations in US crude oil inventories. The surge in U.S. crude oil inventories adds to existing price volatility. The final price quotations for Toluene in the US market were observed at USD xxxx per MT, FOB Louisiana for the week ending April xth.
The Panama Canal Authority (ACP) has announced maintenance work on the Panamax locks, which handle about xxx of all ship crossings. This maintenance will reduce the daily number of vessel transits through these locks for nine...
