Global crude softened after tanker movement through Strait of Hormuz improved, creating downward pressure on crude-linked chemicals like Toluene. India’s customs duty exemption on critical petrochemicals, including Toluene, is valid till 30 Jun 2026, and extension is being considered, which can keep imported material competitive.
India imported toluene indication around ₹74–76/kg; global June trend: NE Asia $0.96/kg down 11.1%, Europe $0.95/kg down 8.7%, Southeast Asia $1.05/kg up 16.7%.
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