China’s toluene imports fall by 29% in September on tight supply

26 October 2012 09:12  [Source: ICIS news]

SINGAPORE (ICIS)--China’s toluene imports fell by 29% month on month in September as there were limited Asian cargoes available to the Chinese market amid tight supply in the Asian market, a trader said on Friday.

China imported 51,057 tonnes of toluene in September, a decrease of 20,980 tonnes from August, according to data from China Customs.

The data also showed that 63.45% and 17.12% of imports arrived in Nanjing and Tianjin Customs respectively, while 11.48% went to Shanghai Customs, 7.92% to Huangpu Customs and 0.02% to Dalian Customs, the data showed.

Meanwhile, the average toluene import prices in September were at $1,135/tonne (834/tonne) CFR (cost & freight) China, up by $32/tonne from August, according to the data.

($1 = €0.77)

By: Doris Shen

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