India Solvent MX: Cash differential stable amid thin trade activity / Nov ICE Brent futures contract at $105.79/b / Domestic solvent MX offers at 130-132 rupees/kg / FOB Korea at $1,099/mt

Sep 26, 2026

The Indian solvent-grade mixed xylene market remained stable on Sept. 25, amid limited offers and thin trade activity. the CFR India solvent-MX cash differential at FOB Korea plus $150/mt, stable week over week Sept. 25. solvent-MX CFR India down $11/mt and FOB Korea also down $11/mt week over week at $1,249/mt and $1,099/ mt FOB Korea, respectively, amid a weaker South Korean market. Dollar-denominated trading remained thin Sept. 18, with no offers heard during the Market on Close assessment process, and tradable levels received from Indian buyers in the FOB Korea plus $150/mt range as they were seeking cargoes for October loading. Several sellers mentioned not having cargoes to offer to India amid the continued tight supply for October-loading shipments. “Won’t see much serious numbers until next week amid holidays...

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