Asian Paraxylene: Prices fall as marker rolls forward in backwardated market / Crude oil rises $1.26/b, naphtha falls $12/mt / PX-PTA spread weakens

Oct 17, 2026

Asian paraxylene prices fell Oct. 16 as the marker rolled forward in a backwardated market. The PX CFR Taiwan/China marker rolled to take the average of the H1 December, H2 December and H1 January laycans. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,310/metric ton and $1,289/mt, respectively, Oct. 16, both down $17/mt on the session. The front-month ICE Brent futures contract rose $1.26/barrel to $105.05/b compared to the previous trading session, while the naphtha C+F Japan marker $12/mt lower on the session at $976/mt. Chinese futures markets were mixed on the trading session. The PTA2701 and PX2611 contracts listed on the Zhengzhou Commodity Exchange closed at 6,470 yuan/mt and 9,604 yuan/ mt, respectively, down 18 yuan/mt and up 22 yuan/mt on the trading session. Relative to downstream...

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