Strong Toluene demand prevails in Delhi, amid high price

 Oct 15: Demand for Toluene strengthened in the Delhi market despite the price remaining high as buyers resumed purchases to cater to their production needs. Toluene price did not undergo any moderation although the INR appreciated significantly. A trader in the Delhi market told Indianpetrochem," Big buyers have started purchasing Toluene in large quantities, as demand for their end-products became stronger. So, they are left with no other option but to purchase the aromatic regardless of the prevailing high price." 
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