Indian Solvent MX: Steady amid thin trading, China holidays / Dec ICE Brent futures contract at $100.26/b / Domestic solvent-MX offers at 128 Indian rupees/kg

Oct 03, 2026

The Indian solvent-grade mixed xylene market remained stable Oct. 1, amid limited offers and thin trade activity. the CFR India solvent-MX cash differential at FOB Korea plus $150/metric ton, remaining stable during the week to Oct. 1. In the domestic market, mid-October delivery ex-tank prices at Kandla were heard at 128 Indian rupees/kg. “We won’t see much serious numbers until next week amid holidays in China,” said a solvent-MX end user. “Moreover, even markets in South Korea, Thailand and the Philippines remain silent.” Spot freight rates for 1,000-2,000 mt of solvent-MX are close to FOB Korea plus $150/mt levels from Southeast Asia and Northeast Asia, customers said. “However, solvent-MX offered by us, with freight added, will cost about FOB Korea plus $200/mt,” according to a Southeast Asia-based seller. “There are...

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