Hamburg (Germany): Prices of ortho-xylene (o-xylene) have persistently increased across the European market during the third week of March xxxx due to high upstream costs and logistical issues impacting import material flow. Regional sellers had opportunities to enhance their margins by implementing price increases beyond costs in some cases, given delivery delays and a lack of imports. However, demand for o-xylene from the downstream industry did not show significant improvement across the regional market. Market players are now preparing for another round of potential increases in April, keeping an eye on the next feedstock settlement.
In the German market, ortho-xylene prices have risen by USD xx/MT. The cost side was a major driver of the uptrend, as raw material mixed xylene prices increased in the previous week. Brent crude oil prices have remained above $xx per barrel, indicating a tightening in the physical market due...
