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Asian orthoxylene: Prices rise amid broad market strength  / Sinopec has raised prices 5 times since March  / Sellers and buyers hesitate amid volatility concerns

Asian orthoxylene: Prices rise amid broad market strength / Sinopec has raised prices 5 times since March / Sellers and buyers hesitate amid volatility concerns

Jun 03, 2026

Asian orthoxylene prices rose to a more than one-year high on March 6 on the back of surging feedstock and domestic China prices, amid the conflict in the Middle East. FOB Korea OX up $150/mt week over week at $1,050/mt on March 6, while it was last higher at $1,060/mt on July 12, 2024. Moving in tandem, the CFR China marker rose $115/mt week over week to $955/mt on March 6, reaching the highest level since Sept. 6, 2024. Strong buying interest emerged in the FOB Korea market during the afternoon trade session on March 6. Bids for 3,000 mt April loading cargo jumped to $1,049/mt from $995/mt, while no offer has been heard in the market. However, several Asia-based OX buyers viewed the level as unsustainable, citing a lack...

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