Live Paraxylene Market Trends & Prices

Asian Paraxylene: Prices fall on weak crude, oversupply concerns / Weak PTA margins, low operation rates weigh on demand / China’s Urumqi Petrochemical to shut PX plant mid-Oct

Jun 07, 2026

Asian paraxylene prices fell Oct. 10 after rising throughout the week, tracking lower crude oil prices amid oversupply concerns in Asia. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $798.17/mt and $777.17/mt, respectively, on Oct.10, both down $10.66/mt day over day. Crude oil futures extended decline in midafternoon Asian trading Oct. 10, after dropping more than $1/b overnight, as a ceasefire between Israel and Hamas reduced geopolitical risk premiums. In Asia, weak PTA margins, low operation rates and turnarounds for PTA plants pressured PX demand, traders and producers said. “China’s PX operation rate is very high, while PTA has been affected by low profits [while] recently [there have been] more turnarounds,” a China-based trader said. Combined with weak oil prices, market sentiment has been strongly impacted, the trader...

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