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Chemical Market Blog Details

Asian solvent-grade mixed xylene hits 5-month high amid stronger crude / Solvent-MX inventories tighten in Asia / Sinopec lifts list price by 500 yuan/mt / End users substitute cheaper alternatives

Asian solvent-grade mixed xylene hits 5-month high amid stronger crude / Solvent-MX inventories tighten in Asia / Sinopec lifts list price by 500 yuan/mt / End users substitute cheaper alternatives

Sep 05, 2026

Asian solvent-MX prices hit a five-month high Sept. 4, supported by firmer crude and tighter inventories. solvent-grade mixed xylene $80/mt higher week over week at $1,009/mt FOB Korea Sept. 4, unchanged from intraday levels. During the Market on Close assessment process, no bids and offers were floated in the FOB Korea market. An offer was last heard at $1,010/mt for 1,000 mt of solvent-MX. However, the offer expired without any buying interest. No trades were heard to have been concluded at the end of the MOC. China’s Sinopec raised its solvent-grade mixed xylene list price by 500 yuan/mt to 7,800 yuan/mt on Sept. 2. A Southeast Asian trader said that buyers are very cautious about buying solvent-MX at high prices. The same trader said end-users were heard substituting solvent-MX with...

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