Toluene Prices Firm as Gasoline Swaps Strengthen into Spring

Blending Value Dynamics

The recent strengthening of gasoline swaps has increased the blending value for toluene. Refiners are increasingly bidding for nitration-grade material to support summer-grade octane requirements.

Industrial Solvent Demand

Demand from the global coatings and resins sector remains robust, particularly in the emerging markets of Southeast Asia. This steady baseload of demand is serving as a buffer against broader energy market volatility.