Chemicals Updates

Asian orthoxylene: Prices fall amid subdued aromatics complex / China OX exports drop 33% on month / India extends anti-dumping duties on PA imports

May 25, 2026

Asian orthoxylene prices declined in the week ending May 22, tracking broader falls across the aromatics complex and subdued demand, despite ongoing supply tightness. Bids on the FOB Korea basis raised from $1,280/mt to $1,301/ mt during the trade session May 22, for a 3,000 mt cargo to be loaded in H2 June, while tradable indications on the FOB China basis were heard below $1,240/mt. Offers to India were heard in the range of $1,320-$1,350/mt CFR India, though no trade was heard concluded as buyers turn to a wait-and-see mode amid the downtrend across aromatics products. The average operating rates of OX in China stood relatively stable week over week at 50.71%, while the run rates for OXbased phthalic anhydride edged up 0.19% to 60.72%, according to sources based in...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.