Toluene Prices Firm as Octane Demand Supports Blending Value

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Blending Economics

With the gasoline crack spread healthy, refiners are willing to pay up for octane boosters. This is the primary driver for toluene pricing in the current market.

Chemical Demand

Demand for toluene diisocyanate (TDI) remains stable, providing a secondary layer of support. The market is viewed as balanced-to-tight.