Asian solvent-grade mixed xylene price rise amid thin trades / Solvent-MX FOB Korea rises $50/mt to $1,150/mt / Indian demand weakens but stays healthy / KPIC plans maintenance shutdown for Ulsan BTX units

Oct 12, 2026

Solvent-grade mixed xylene at $1,150/ metric ton FOB Korea on Oct. 9, up $50/mt week over week and unchanged from intraday levels. During the Market on Close assessment process, no bids or offers were floated in the FOB Korea market. No trades were heard to have concluded at the end of the Market on Close process. The last time this solvent-grade assessment was as high as $1,151/mt was March 13, just $1/mt above the latest reading. Another Northeast Asian trader told that demand for solvent-MX from India was slightly poorer but remained healthy. A Southeast Asian trader said solvent-MX should be at least $120/mt higher than the toluene FOB Korea marker, or producers will keep it for domestic gasoline blending. solvent-MX CFR Southeast Asia at $1,270/mt, $75/mt higher week over...

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