The global prices for Paraxylene have exhibited a mixed trend. In the APAC region, prices mostly trended upward except in China, where they remained stable. The EU region also showed stability across the board, with moderate demand and supply with no major disruptions. This stability is attributed to consistent downstream demand, while upstream prices of naphtha and crude oil continued their upward trajectory.
In the APAC region, Paraxylene prices have shown a mixed trend. In the South Korean market, prices rose by x.xx, moving from USD xxxx/MT to USD xxxx/MT, supported by the increase in crude oil prices. The prices for Paraxylene have generally been on an upward trend, with aromatics production potentially increasing as producers aim to capitalize on higher margins. This could result in more supplies entering the market, as the demand remains in uptrend. Market players have indicated that while physical demand is acceptable,...
