Asian Solvent MX Prices Spike Amid Tight Stock

Asian Solvent-MX: Prices firm amid uptrend in adjacent markets / ICE March Brent futures rises $2.38/mt DOD / Iso-MX FOB Korea marker up $30.50/mt since Dec 19

Jun 04, 2026

Asian solvent-grade mixed xylene $31/metric ton higher from the previous close at $701/mt FOB Korea Jan. 9, tracking the uptrend in adjacent markets. The isomer-MX FOB Korea marker rose $30.50/mt since Dec. 19, the previous assessment date for solvent-MX, driven by a sharp rise in Asian paraxylene prices. Several bids and offers were floated for FOB Korea during the Market on Close assessment process, with the sharpest bid at $700/mt for 2,000 metric tons of solvent-MX, while the lowest offer stood at $705/mt for 1,000 mt. Spot solvent-MX supply has been tight, Asia-based sources said. However, a trader said a producer in Northeast Asia will likely float a tender for February cargoes in the spot market over the coming days. The sell tender might provide clarity on the price trajectory...

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