Asian Paraxylene: Prices rise amid higher MOC trades / Three MOC trades reported / Nov/Dec physical spread widens further

Oct 03, 2026

Asian paraxylene prices rose day over day Oct. 2, amid higher Market on Close assessment process trades seen on the trading session. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,262.67/metric ton and $1,241.67/mt, respectively, Oct. 2, both rising $3/mt on the session. Upstream markets closed lower on the session, with the front-month ICE Brent futures contract falling 58 cents/b to $99.68/b compared to the previous trading session, while the naphtha C+F Japan marker $4.50/mt lower on the session at $909.625/mt. Price discussions moved higher amid thinner trading activity seen on the session, as Chinese market participants were away for Golden Week holidays. During the MOC, three trades were reported. Glencore first sold a December-arrival CFR Taiwan/China cargo to SKGC at $1,246/mt, before BP sold a November-arrival cargo...

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