Toluene prices slip in Kandla port | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. Indian Petrochem analysts noted a downward revision in imported tanker load Toluene prices in Kandla port on May 19, 2025 The rate eased to Rs.64.5/kg, falling from the previous Rs.66/kg, reflecting a modest Rs.1.75/kg decline amid shifting market sentiment. Reduced consumption in key sectors such as automotive, construction, and coatings has led to lower demand for toluene. In Europe, for instance, decreased car sales and a sluggish construction industry have contributed to the downturn. Similarly, in India, demand from the pharmaceutical and coatings sectors has been subdued, impacting overall consumption. Toluene, a versatile chemical, is produced in India by major companies like Reliance Industries Limited, Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Haldia Petrochemicals Limited, and HPCL-Mittal Energy Limited. These companies cater to the growing demand in various industries by leveraging their advanced petrochemical infrastructure. Globally, leading producers of toluene include ExxonMobil Corporation, Shell Chemicals, Chevron Phillips Chemical, Sinopec, and LyondellBasell, which supply the chemical across diverse regions, with a strong presence in Asia-Pacific, North America, and Europe. The global toluene market is projected to grow at a compound annual growth rate (CAGR) of 4.2% between 2024 and 2030, supported by increasing demand in the construction, automotive, and chemical industries. The Indian market is expected to grow slightly faster, with a projected CAGR of 5.1% during the same period, reflecting the country’s infrastructure development, rising automotive production, and growing domestic consumption of chemicals, Toluene Prices in India, Indian Toluene Prices, Indian Prices Toluene, Indianpetrochem. #ToluenepricesinIndia #IndianTolueneprices #IndianpricesToluene #Indianpetrochem | |
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Target State: All States Target City : All Cities Last Update : May 19, 2025 10:34 AM Number of Views: 24 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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