Toluene Prices Stabilize on Solvent Demand and Trade Flows

Solvent Support

Unlike the volatile fuel sector, demand for toluene as an industrial solvent remains relatively consistent. Growth in the coatings and resins industries in emerging markets is helping provide a floor for aromatic prices during the seasonal energy lull.

Arbitrage Flows

Traders are closely watching price spreads between Asia and Europe. These gaps are encouraging trade flows that help rebalance supply, keeping benchmarks from declining as steeply as the crude oil complex.