India Solvent-MX: Market holds steady on tight stock levels / Dec ICE Brent futures at $105.05/b / CFR India assessment holds at plus $152/mt

Oct 17, 2026

The Indian solvent-grade mixed xylene market remained stable week over week Oct. 16, supported by tight inventory levels across the country. the CFR India solvent MX cash differential at FOB Korea plus $152/metric ton in the week ended Oct. 16. Dollar- denominated trading activity remained thin Oct. 16, with limited selling indications heard in the range of FOB Korea plus $160-$165/mt for solvent-MX during the Market on Close assessment process, as sellers sought interest for November loading cargoes. Market participants observed a continued shortage of material available for shipment to India, with several sellers saying they had no solvent-MX cargoes available for November loading due to ongoing supply constraints. “Supply availability remains extremely limited, with GS Caltex being the participant currently offering solvent-MX, resulting in persistently low inventory levels,” said...

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