Asian Paraxylene Prices Rise on Crude Oil

Asian Paraxylene: Prices rise in line with oil / Crude oil gains help PX / China Aug PX imports rise MOM

Jun 08, 2026

Asian paraxylene prices rose day over day on Sept. 24 as stronger crude prices reversed the recent fall in spot PX prices. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $812/mt and $791/mt, respectively, on Sept. 24, both up $8.67/mt day over day. Crude oil futures edged up in midafternoon trading in Asia on Sept. 24, as US crude inventories fell, adding to market concerns over tightening supplies. US crude oil stocks fell 3.82 million barrels in the week ended Sept. 19, American Petroleum Institute data showed Sept. 24, exceeding the 2.7 million-barrel decline anticipated by analysts . Meanwhile, Ukrainian strikes on Russian refineries continued to bolster bullish sentiment, with media reports suggesting that Russia may restrict diesel exports in response. China's paraxylene imports climbed approximately 12% month...

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