The September US mixed xylene contract price settled at $4.25/gallon ($1,287.75/mt), an increase of 33 cents ($99.99/mt) from the mark for August, industry sources said Tuesday. The settlement was in line with market expectations, ...
Tags: Mixed Xylene, Chemicals
US spot mixed xylene was last assessed Friday at a five-month high of $4.25/gal ($1,296.85/mt) FOB US Gulf Coast after a trade was heard at that level for August, sources said. The spot assessment has not been this high since March 13, ...
Tags: Mixed Xylene, Chemicals
Hyundai Cosmo (HC) Petrochemical Ltd. is operating its Daesan, South Korea-based No.2 aromatics plant at reduced rate. “The No. 2 aromatics plant is running at 80 percent operating rates due to lower Mixed Xylene (MX) – ...
Tags: Petrochemical, Aromatics Plant
US spot mixed xylene prices have fallen a total of 11 cents ($33.33/mt) since June 17, last assessed Friday at $3.90/gal ($1,181.70/mt) FOB US Gulf Coast, which sources attributed to bearish demand and a weaker energy complex. MX prices ...
Tags: Mixed Xylene, Chemicals
June contracts for US orthoxylene were heard settled Thursday at 63 cents/lb, a 1.5 cent decrease from May, multiple industry sources said. May OX contracts were assessed at 64.5 cents/lb. US OX contract settlements typically follow the ...
Tags: Chemicals, orthoxylene
Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...
Tags: Asian Isomer-MX, Arbitrage
The May US mixed xylene contract price settled at $3.94/gallon ($1,193.82/mt), 11 cents ($33.33/mt) higher than April's mark, trading sources said Monday. The MX contract price had settled at $3.83/gal for April, which was 57 cents lower ...
Tags: Mixed Xylene, Chemicals
US spot styrene margins are poised to remain flat to slightly higher following the procurement of cheaper feedstock ethylene estimated to begin in 2015-2016 as a result of the shale gas plays, industry sources said Monday on the sidelines ...
Tags: SM Margins, Chemicals, lighter crude
Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
US spot toluene was assessed 8 cents ($24.32/mt) lower Monday compared with Friday's mark at a nearly seven-month low of $4.07/gal ($1,237.28/mt) FOB US Gulf Coast due to weak demand and excess supplies, sources said. The last time spot ...
Tags: toluene, benzene, mixed xylene
The March US mixed xylene contract price settled at $4.40/gal ($1,333/mt) Tuesday, 6 cents ($18.18/mt) lower than February's mark, trading sources said. Sources expected the contract price to settle lower after a decline in spot MX ...
Asia's paraxylene market extended falls Monday morning, with the CFR Taiwan/China PX price benchmark declining quickly to under the psychological $1,600/mt mark for the first time in three months under heavy sell pressure, market sources ...
Tags: paraxylene market, paraxylene, PX Market
Marathon Petroleum has declared force majeure on benzene, toluene and mixed xylene, trading sources said Monday. No further details are known and confirmation from Marathon was unavailable as a spokesman at the company declined to comment, ...
Tags: benzene, toluene, Spot benzene
Cosmo Oil Co., Ltd. and Hyundai Oilbank have been conducting test operations of the new para-xylene (PX) production plant though the joint venture company, HCP. The company is pleased to announce that production has commenced 5 months in ...