Toluene, also recognized as methylbenzene or phenyl methane, is an odorless, water-insoluble liquid characterized by a sweet and pungent fragrance. Falling under the category of aromatic hydrocarbons, it is a volatile organic compound derived from petroleum and widely utilized as a solvent in diverse industrial and consumer applications.

Request for Real Time Toluene Prices: https://www.procurementresource.com/resource-center/toluene-price-trends/pricerequest With a chemical formula of C7H8 and a molecular weight of 92.14 g/mol, toluene is a colorless, flammable liquid displaying a distinct sweet odor. It possesses a melting point of -95 ?C (-139 ?F) and a boiling point of 110.6 ?C (231.1 ?F), accompanied by a density of 0.87 g/cm3 at room temperature. While it remains insoluble in water, it exhibits solubility in most organic solvents. Noteworthy for its low viscosity and surface tension, toluene is a highly flammable substance capable of forming explosive mixtures with air. It boasts a flash point of 4.4 ?C (39.9 ?F) and an autoignition temperature of 535 ?C (995 ?F). Globally, leading producers of toluene include the United States, China, South Korea, Taiwan, and Japan.

Key Details About the Toluene Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Toluene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Toluene Price forecast, including India?s Toluene price, USA?s Toluene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Toluene Price Trend:

Toluene serves as a solvent in various products such as paints, varnishes, adhesives, and inks. Furthermore, it plays a crucial role in the production of polymers and synthetic fibers. In aviation, toluene is incorporated into fuels as an additive, and it serves as a key feedstock for the production of benzene and other compounds. Industrial applications extend to its use in cleaning and degreasing processes. Moreover, toluene is a common constituent in chromatography solvents and finds application in laboratories as a solvent for a wide range of organic substances.

Key Players:

• Shell Chemicals
• Reliance Industries Limited
• China National Petroleum Corporation
• Exxon Mobil Corporation
• Valero Marketing and Supply Company

News and Events:

• December 27, 2022: Officials from the Department of Factories inspected the accident site at Laurus Labs in JN Pharmacity in the Anakapalli district. According to preliminary results, the disaster could have been triggered by a leak of extremely flammable toluene solvent.

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