Solvent MX Price Trend: FOB Korea Jumps

Asian Solvent MX: FOB Korea rises $22/mt as related markets strengthen / Solvent-MX, toluene rise on stronger crude, naphtha / Supply uncertainty keeps prices elevated in SE Asia

Jun 02, 2026

Asian Solvent-Grade Mixed Xylene up $22/mt week over week at $1,136/mt FOB Korea on April 2, above a bid heard at $1,135/mt, up $15/mt from intraday levels. A trader said the market was down week over week due to falling upstream and related solvents prices. He said the fall was worse in solvent-MX and toluene because of the weak demand in the key market, India. “Selling prices for both toluene and xylene have stayed firm amid supply uncertainty from South Korea and Taiwan,” a Southeast Asian trader said. In related markets, Asian toluene $38/mt higher from the previous close at $1,117/mt FOB Korea and $39/mt higher day over day at $1,115/mt FOB China on April 2. Naphtha rose $55.25/mt day over day to $1147.75/mt CIF Japan. Crude oil futures rallied...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.