China Petroleum & Chemical Corp, or Sinopec, has raised its East China price for isomer-grade mixed xylenes by Yuan 200/mt or 2.3% effective Monday, market sources said Tuesday. The company's isomer-MX ex-works price at its four ...
Tags: China Petroleum
The Asian toluene market led a price surge in most Asian aromatic products early Wednesday, driven by crude oil futures rising on geopolitical tensions in Syria. Front-month ICE Brent crude futures hit a six-month high Wednesday, with ...
The US-Asia isomer-grade mixed xylenes arbitrage has shut on paper after being open for about a month, hit by higher US prices overnight Tuesday, Platts data showed Wednesday. Asian isomer-MX CFR Taiwan was assessed at $1,297/mt Tuesday, ...
Tags: Chemicals
Asia could be looking at a shortfall of around 120,000 mt/month of isomer-grade mixed xylenes from late September through October due to refinery turnaround season in Japan and South Korea, a market source said Tuesday. "Supply in Asia is ...
Tags: mixed xylenes
The spot market for Asian isomer-grade mixed xylenes is likely to shrink to a third of its current size next year as a major spot seller diverts a large chunk of its product into making paraxylene, market sources said Thursday. "The ...
Tags: Chemicals, spot market
After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
UOP LLC, a Honeywell company, announced that its technology has been selected to produce key petrochemicals in a new complex in Brunei. Brunei Hengyi Industries Sdn Bhd, a subsidiary of China's Zhejiang Hengyi Group Co., will use several ...
Tags: aromatics, Brunei Petrochemical
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 ...
The spread between Asian solvent-grade mixed xylenes and feedstock naphtha was assessed by Platts at a six-month low of $184.875/mt on Friday, down $55.625/mt from a week ago. Solvent-MX market came under pressure from weak demand and ample ...
Tags: mixed xylenes, feedstock naphtha, naphtha
South Korea's spot supply of solvent-grade mixed xylenes for April loading will likely halve from its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, an industry source said ...
The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
Dragon Aromatics' startup of its 800,000 mt/year paraxylene plant in China's Fujian province may not proceed as planned in March due to regulatory scrutiny about changes to its feedstock mix, some market sources said Tuesday. China's ...
Inventory levels of mixed xylenes imported into East China increased by 9,000 mt, or 20%, week on week to 54,000 mt Friday, market sources said Friday. "Almost 60% of the MX inventory currently in East China storages is solvent-grade ...
Tags: mixed xylenes, East China, xylenes price
US spot mixed xylenes rose 5 cents/gal ($15.15/mt) Monday to a near three-month high at $4.80/gal ($1,469.55/mt) FOB US Gulf Coast on continued tight supply, sources said. Bids were heard at $4.65/gal FOB US Gulf, against a prompt offer ...