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Toluene prices move up in Mumbai market


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The price of Toluene in the Mumbai market experienced an upward movement today, attributed to slight fluctuations in supply and demand, as well as rising raw material costs. According to Indian Petrochem analysts, on July 29, 2025, the price of Toluene increased by Re.1/kg, moving from Rs.73/kg on July 28, 2025, to Rs.72/kg. Toluene, a versatile chemical, is produced in India by major companies like Reliance Industries Limited, Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Haldia Petrochemicals Limited, and HPCL-Mittal Energy Limited. These companies cater to the growing demand in various industries by leveraging their advanced petrochemical infrastructure. Globally, leading producers of toluene include ExxonMobil Corporation, Shell Chemicals, Chevron Phillips Chemical, Sinopec, and LyondellBasell, which supply the chemical across diverse regions, with a strong presence in Asia-Pacific, North America, and Europe. The global toluene market is projected to grow at a compound annual growth rate (CAGR) of 4.2% between 2024 and 2030, supported by increasing demand in the construction, automotive, and chemical industries. The Indian market is expected to grow slightly faster, with a projected CAGR of 5.1% during the same period, reflecting the country’s infrastructure development, rising automotive production, and growing domestic consumption of chemicals, Toluene Prices in India, Indian Toluene Prices, Indian Prices Toluene, IndianPetrochem.
#ToluenePricesinIndia #IndianToluenePrices #IndianPricesToluene #IndianPetrochem

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Target State: All States
Target City : Delhi
Last Update : 29 July 2025 5:00 PM
Number of Views: 5
Item  Owner  : Indianpetrochem
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