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S&P Global Platts includes 3 additional laycans for CFR China toluene marker

With Serena Seng

August 11, 2016 02:45:00 EST (3:30)

The Chinese toluene market is a key indicator of spot demand in Asia, and S&P Global Platts' CFR China toluene price assessment is an industry benchmark.

In this video, editor Serena Seng explains Platts' move to launch three additional half-month laycans for the CFR China LC 30 days and LC 90 days assessments, and how this gives market participants better opportunities to hedge their positions in front months. She also shares the outlook for the toluene market in the second half of the year when domestic supply in China is expected to increase.

Questions regarding the additional half-month laycans for the CFR China LC 30-day and LC 90-day price assessments may be sent to petchems@spglobal.com.

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Platts Petrochemicals Price Assessments: Toluene

Platts toluene assessments are based on the price of cargoes for loading or for delivery. We publish price assessments of toluene in Northwest Europe, the US Gulf Coast, South Korea, South East Asia, Taiwan, India and China.

Find out more about the toluene market and the updates in our price assessments.

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