Toluene Prices | Current and Forecast
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Monitor monthly Toluene price assessments covering 6 locations: United States, Europe, South America, Southeast Asia, China and Northeast Asia. Also check Toluene 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Toluene.
Data Legend. The chart above shows Toluene price assessments in USA Dollar per metric ton (USD/mt) in 6 locations, as follows:
- Toluene, US (United States): Toluene, import transaction price, cif, United States
- Toluene (TDI), EUR (Europe): Toluene (TDI-grade), export transaction price, fob, Germany
- Toluene, SAM (South America): Toluene, export transaction price, fob, Brazil
- Toluene, SEA (Southeast Asia): Toluene, import transaction price, cfr, India (netforward from fob South Korea)
- Toluene, CN (China): Toluene, domestic spot price, exw, China
- Toluene, NEA (Northeast Asia): Toluene, export transaction price, fob, South Korea
Data Use. Toluene prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Toluene price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
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Toluene Price Outlook. The price of Toluene (United States) decreased during March 2020 to 670 USD per metric ton, which represents a considerable decline of 14% compared to the previous month’s value. On a year-over-year basis, the prices of Toluene (United States) decreased significantly by 10%. Meanwhile, the average price of Toluene (China) amounted to 468 USD per metric ton, from 808 USD per metric ton one year earlier. On a month-over-month basis, the price of Toluene (China) is 34% lower than the price one month before.
The price of Toluene (Southeast Asia) declined considerably throughout March 2020, reaching 595 USD per metric ton. The price is 16% lower than the average price in the previous month and 12% lower than the average price one year before. In contrast, the prices of Toluene (Europe) decreased significantly during March 2020, reaching 425 USD per metric ton, which means a decline of 31% from the previous month’s price and a decline of 41% from the previous year’s price.
The prices of Toluene (Northeast Asia) experienced a significant decline of 121 USD per metric ton from the prior month's price, to 554 USD per metric ton. Such price movement meant a decrease of 18% on a monthly basis and a decrease of 14% on a yearly basis. On the other hand, in March 2020, the price of Toluene (South America) witnessed a decline of 284 USD per metric ton when compared against the previous month's price, to 513 USD per metric ton. The March 2020 price is 16% lower than the price one year before.
About Toluene. Toluene (a.k.a. Methylbenzene) is an organic compound, in the aromatic hydrocarbon class. It is a colorless, clear liquid, insoluble in water, but soluble in most organic compounds. It occurs naturally in crude oil but can also be produced during the catalytic reforming of naphtha and manufacturing of coke from coal. Toluene was first isolated in 1837, with industrial production beginning at the start of the twentieth century. The importance of Toluene as a raw material grew tremendously during World War I, for its production of the explosive trinitrotoluene compound (TNT). Currently, Toluene is used as a versatile building block, widely employed as a precursor in the production of many industrial chemicals.
Toluene Handling. Because the flash point lies below 21 °C, Toluene is assigned to hazard class AI. On storage and transport, toluene should be labeled as highly flammable and slightly toxic. Toluene forms an explosive mixture with air between 1.27 and 7.1% w/v. Exposure to toluene can affect color vision and hearing, and at high concentrations, it can lead to tiredness, sleeping difficulty, numbness in limbs, and damage to reproductive systems. Toluene should be handled with care in environments free from ignition sources. The chemical is usually transported by rail or road in insulated tank cars. Drums made of plastics and storage temperatures over 52°C should be avoided. Metal or glass drums are more suitable for Toluene storage.
Toluene Production. Raw materials and the respective production processes employed in the manufacturing of Toluene are listed below.
- Naphtha, crude oil (catalytic reforming),
- Coal, lignine, etc (gasification or coking),
- mixed aromatics (separation; coproduced with C9+aromatics/xylene, mixed/benzene)
Toluene Uses. The uses and applications of Toluene may vary according to its specification. The main forms of Toluene are nitration grade (98.8% minimum purity) and toluene diisocyanate (TDI) grade (99.9% minimum purity).