Asian Paraxylene: Prices fall amid upstream volatility / Naphtha falls below $1,000/mt / Floating premiums expected to fall

Nov 05, 2026

Asian paraxylene prices continued to fall during the session on Nov. 4, as upstream markets continued to trend lower. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,246/metric ton and $1,225/mt, respectively, on Nov. 4, both down $39/mt on the session. The front-month ICE Brent futures contract fell $2.49/b to $104.03/b compared with the previous trading session, while the naphtha C+F Japan marker at $977.75/mt, down $10.50/mt on the session. Crude oil futures were rangebound to lower in afternoon Asian trade Nov. 4, following signals of progress in US-Iran diplomacy amid the US midterm elections. Chinese futures markets fell during the session. The PTA2701 and PX2701 contracts listed on the Zhengzhou Commodity Exchange closed at Yuan 6,306/mt and Yuan 8,930/mt, respectively, down Yuan 190/mt and Yuan 264/mt, respectively....

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