Oct 07: Demand for Benzene and Toluene is picking up in the Mumbai market, according to traders in the market. Benzene and Toluene were sold today in the Mumbai market at around Rs 90 a litre and Rs 85 a litre respectively. A trader in the market told Indianpetrochem," Benzene and Toluene are used in many industries on a regular basis, so demand has to strengthen, regardless of high prices."
Many traders also considered booking Toluene imports from overseas with the INR appreciating gradually. Besides, there was no supply disruption in the market, and ample stocks were available with traders in the market.
The prevailing atmosphere in the market also indicated that sales of the aromatics will strengthen substantially in the days to come.
For more details click here>>
Many traders also considered booking Toluene imports from overseas with the INR appreciating gradually. Besides, there was no supply disruption in the market, and ample stocks were available with traders in the market.
The prevailing atmosphere in the market also indicated that sales of the aromatics will strengthen substantially in the days to come.
For more details click here>>
No comments:
Post a Comment