Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Toluene (Spot) Price Trend Analysis 2026: Price Drivers, Supply Demand Analysis, Market Insights, Latest News & Historical Prices
Written ByUdeesha Tomar
Toluene (Spot) Price Trend Q1 2025
The global toluene spot market exhibited diverse regional trends throughout Q1’25. European prices initially recovered in January due to supply constraints and naphtha cost variations, before climbing sharply in February amid rising crude oil prices and heightened Chinese competition. European petrochemical companies responded strategically, with BASF divesting its Brazilian paints business and Chemours reviewing its European operations.
In Asia, China's expanding petrochemical capacity through CNOOC's Daxie project reshaped market dynamics, advancing the country's self-sufficiency goals. Sinopec Central China producers adjusted pricing strategies accordingly, while other Asian markets experienced softening amid lackluster demand.
North American toluene markets began Q1 with the customary Presidential Day holiday slowdown in February. The subsequent preparation for maintenance activities temporarily limited supply availability, occurring against a backdrop of Trump's trade policies that affected chemical supply chains. Despite these factors, FOB USG pricing maintained relative stability through late quarter.
Analyst Insight
According to Procurement Resource, the Toluene (Spot) market anticipates ongoing volatility with continued regional disparities. The gradual recovery in construction activity suggests improving demand for toluene derivatives, though persistent energy cost challenges may significantly influence market developments in the coming months.
Procurement Resource provides latest prices of Toluene (Spot). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Need Latest Toluene (Spot) Prices?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Our Clients
Procurement Resource Database
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
About Toluene (Spot)
Toluene is a clear, aromatic hydrocarbon liquid obtained mainly from petroleum refining and petrochemical processes. Spot toluene refers to immediate or short-term market transactions based on current supply and demand conditions. It is valued for its high solvency, volatility, and chemical reactivity, making it an important raw material in petrochemical and manufacturing industries.
Toluene (Spot) Product Detail
HS Code
2902
Chemical Formula
C7H8
CAS Number
108-88-3
Molecular Weight
92.14 g/mol
Supplier Database
ExxonMobil Corporation, Shell plc, BASF SE, SABIC, Reliance Industries Limited, LyondellBasell Industries N.V.
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
Toluene production involves processing petroleum-derived feedstocks in refineries and petrochemical complexes. Manufacturers separate aromatic compounds through catalytic reforming, solvent extraction, and distillation. The purified toluene is tested for purity, moisture content, and chemical properties before being supplied to downstream industries.
Industrial Uses
Toluene is widely used as a solvent in paints, coatings, adhesives, inks, and cleaning agents. It is also used as a feedstock for producing benzene, xylene, toluene diisocyanate (TDI), and other chemicals. The chemical is important in industries including plastics, automotive coatings, pharmaceuticals, and synthetic rubber manufacturing.
Our Price Analysis Methodology
About the Author
Schedule A Demo
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Europe & Africa
+44 7573 171117
Sales@procurementresource.com
USA & Canada
+1 307 363 1045
Sales@procurementresource.com
APAC
+91 8850629517
Sales@procurementresource.com
Other Related Reports
Benzoic Acid Production from Toluene
The study offers a detailed cost analysis of Benzoic Acid Production from Toluene. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
Toluene Production via Catalytic Reforming
The study offers a detailed cost analysis of Toluene Production via Catalytic Reforming. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply–demand dynamics and capacity-driven market analysis
Related News
View All
Why Procurement Database
Commodity Market Intelligence
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Price Forecasts & Market Outlooks
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Cost & Procurement Optimization
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Global & Regional Market Insights
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
1/4