Houston- Toluene prices in the US market rebounded in the first week of January xxxx amidst inclined naphtha prices accompanied by other chief external and internal factors impacting the final prices of benzene in the US market. In December, headline inflation in the United States increased, while core inflation slowed down, maintaining the Federal Reserve&#xx;s trajectory to potentially initiate a target rate reduction as early as March xxxx. Apart from factors such as increased production cost, the increased demand for Toluene from the Asian market amidst the maintenance shutdown of major Toluene manufacturing units in Asian countries such as China, Taiwan, and Singapore has raised the demand outlook. On the week ending January xth, Toluene prices in the US market were witnessed at USD xxxx per MT, FOB Louisiana, with a weekly positive difference of xx.
The US Consumer Price Index (CPI) rose to a x.xx annual...
