Asia Orthoxylene: Prices fall amid slow momentum / China's Sinopec lowers OX listed price to 9,750 yuan/mt / Wide buy-sell gap slows down discussions

Sep 26, 2026

Strength in the Asian orthoxylene market tapered off during the week ending Sept. 25 as high prices faced stronger resistance from downstream buyers. FOB/CFR China $35/metric ton lower week over week at $1,310/mt and FOB Korea $10/mt lower at $1,390/mt on Sept. 25. China's Sinopec lowered its orthoxylene listed price by another 100 yuan/mt to 9,750 yuan/mt on Sept. 23. It was previously dropped to 9,850 yuan/mt on Sept. 20. Demand in China softened following the completion of preholiday replenishment activities, with downstream plasticizer consumption reported as lackluster, a domestic phthalic anhydride producer said. Several Asian participants observed weak demand and slow momentum in the broader market during the week, amid a wide buy-sell gap heard at $50-$55/mt. An Asia-based trade source said most October demand had already been covered,...

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