Hamburg (Germany): After maintaining an uptrend in the prior week, European Mixed Xylene prices softened in the last week of April xxxx due to weak derivative demand. The fragile buying sentiment surrounding the market was further deteriorated by sharp volatility in crude oil futures, coupled with a weekly loss in feedstock prices. As May approaches, mixed projections arise given the high cost and bleak downstream demand.
According to ChemAnalyst&#xx;s latest database, prices of Mixed Xylene have significantly declined by USD xx/MT in the German market. The cost support from feedstock Naphtha was limited for Mixed Xylene as its prices remained on the lower end since the start of April xxxx, contributing to the downward shift in price realization of Mixed Xylene within the domestic market. Additionally, after witnessing a bullish rally over the past few months, crude oil prices have recently corrected downward as worries over tension...
