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Hamburg (Germany): After experiencing stagnancy for the last two weeks, Mixed Xylene prices have boosted across the European market during the third week of April xxxx. The rallying energy prices have substantially pushed the raw material cost upward and underpinned fresh hikes in Mixed Xylene markets. Adding to the scenario is the cautious improvement in buying interest; however, the overall state of demand has remained subdued in the regional market.
According to ChemAnalystx;s latest database, prices of Mixed Xylene have escalated by USD xx/MT in the German market. The feedstock Naphtha prices have increased throughout the month, resulting in the high production cost of Mixed Xylene in the domestic market, contributing to the uptrend in the price realization of Butadiene. On the upstream front, oil prices surged by more than USD x/barrel with Brent crude crossing above USD xx/barrel amid heightened fears of supply disruptions following unofficial...
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