Asian Paraxylene: Prices rise amid expectations of shorter supply / Jan-Dec strip bid at $19/mt premium against arrival month DMOPT / Supplies expected to tighten in east China: sources

Oct 29, 2026

Asian paraxylene prices rose day over day Oct. 28, amid talks of reduced supply heard. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,353.67/mt and $1,332.67/mt, respectively, Oct. 28, both rising $10.67/mt day over day. The front-month ICE Brent futures contract fell $1.38/b to $115.13/b compared to the previous trading session, while the naphtha C+F Japan marker $13.25/mt lower on the session at $1,046/mt. Chinese futures markets were mixed on the trading session. The PTA2701 and PX2612 contracts listed on the Zhengzhou Commodity Exchange closed at 6,674 yuan/mt and 9,828 yuan/ mt, respectively, rising 30 yuan/mt and 80 yuan/mt, respectively. Market sources expected supply to shrink from an integrated PX producer based in East China, as the producer drops operating rates slightly. The producer's downstream PTA plant was...

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