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Chemical Market Blog Details

Asian Paraxylene: Prices partially retrace prior session's gains / PX prices fall $24/mt / Dec bid and offer heard at $74/mt and $100/mt against Dec DMOPT

Asian Paraxylene: Prices partially retrace prior session's gains / PX prices fall $24/mt / Dec bid and offer heard at $74/mt and $100/mt against Dec DMOPT

Oct 12, 2026

Asian paraxylene prices fell Oct. 9 amid weaker futures markets in China, which saw a partial reversal of the prior session's gains. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,326/metric ton and $1,305/mt, respectively, Oct. 9, both falling $24/mt on the session. The front-month ICE Brent futures contract fell $1.30/b to $102.96/b compared to the previous trading session, while the naphtha C+F Japan marker 62.5 cents/mt lower on the session at $971.50/mt. Chinese futures markets closed lower on the trading session. The PTA2701 and PX2611 contracts listed on the Zhengzhou Commodity Exchange closed at 6,668 yuan/mt and 9,810 yuan/ mt, falling 162 yuan/mt and 212 yuan/mt, respectively, on the trading session. A source based in China attributed the fall in futures markets to limited demand from downstream...

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