Asian Paraxylene: Prices rise tracking upstream markets / Crude oil rises $2.78/b, naphtha gains $33/mt / Tight cargo availabilities keep floating premiums high

Oct 31, 2026

Asian paraxylene prices rose Oct. 30, tracking stronger upstream markets. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $1,371/metric ton and $1,350/mt, respectively, Oct. 30, both rising $19/mt day over day. The front-month ICE Brent futures contract rose $2.78/b to $117.11/b compared to the previous trading session, while the naphtha C+F Japan marker $33/mt higher at $1,082.25/mt. Crude oil futures were higher in midafternoon Asian trade on Oct. 30, amid the US economy posting strong growth, supported by healthy key macroeconomic data prints. Chinese futures markets showed more modest gains on the trading session. The PTA2701 and PX2612 contracts listed on the Zhengzhou Commodity Exchange closed at 6,686 yuan/mt and 9,874 yuan/mt, respectively, rising 38 yuan/mt and 94 yuan/mt, day over day. According to broking sources, premiums on...

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