Louisiana (USA)- Toluene prices in North America have remained stable despite the rising prices of WTI crude oil and naphtha in the region. Toluene producers are working to maintain a balance between supply and demand within the domestic market. The production cost of Toluene is closely linked to the overall costs of naphtha and crude oil in the domestic market. Market fluctuations have been influenced by changes in US crude oil inventories, further contributing to Toluene price volatility. The final price for Toluene in the US market was recorded at USD xxxx per metric ton, Free on Board (FOB) Louisiana, for the week ending April xxth.
Crude oil prices increased earlier in the week due to a surprising decrease in inventories reported by the API. This helped recover some of the losses from earlier in the week when tensions in the Middle East seemed to calm...
