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Chemical Market Blog Details

Asian Isomer-MX: Prices fall, tracking lower downstream values / Crude oil futures climb 0.4% in Asian trade / China resumes MX imports amid tight supply

Asian Isomer-MX: Prices fall, tracking lower downstream values / Crude oil futures climb 0.4% in Asian trade / China resumes MX imports amid tight supply

Sep 05, 2026

Asian isomer-grade mixed xylene prices were down $1/metric ton day over day at $1,017/mt FOB Korea on Sept. 4, while the CFR Taiwan and CFR China markers closed at $1,043/mt and $1,026/ mt, respectively. Crude oil futures edged up in midafternoon Asian trading Sept. 4, with both benchmarks on track for their sharpest weekly gains since mid-July. At 3:26 pm Singapore time (0726 GMT), the ICE November Brent crude oil futures contract rose 40 cents/barrel, or 0.42%, from the previous close to $95.92/b, while the NYMEX October light sweet crude contract increased 41 cents/b, or 0.45%, to $91.71/b. In the isomer-MX market, the downstream paraxylene-to-MX spread narrowed, China-based traders said, attributing it to MX being pulled into the blending pool. Since there is usually an export tax on Chinese MX,...

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