Refinery Yield Improvement
Improved maritime security is allowing for a more balanced crude slate at US refineries. This is expected to improve the domestic production of aromatics, reducing the reliance on high-priced spot imports.
Solvent Sector Bid
Industrial solvent users are beginning to place cautious orders for the first time in months. However, with gasoline blending still the primary value-driver, the floor for toluene remains significantly elevated.