Ortho-Xylene Market Outlook: India Supply

Asian OX: Prices fall as demand remains weak / Chinese inventories rise / Production curbs’ impact on prices unclear: traders

Jun 06, 2026

The Asian orthoxylene market closed the week ended Nov. 14 on a weaker note with prices dropping around $4-$5/metric ton as poor demand cues weigh on spot prices and sentiment. In China, the largest domestic producer Sinopec lowered the OX listed price by Yuan 100/mt to Yuan 5,800/mt in the week of Nov. 10. “The market is extremely weak,” a buyer in India said. Chinese producers are grappling with higher inventories coupled with poor demand in the region, which is hurting spot prices now, the buyer said. Downstream phthalic anhydride demand also appears weak, with some North Asian producers reducing their run rates, which in turn has curbed their OX buying appetite. “We haven’t asked these days about [OX] spot cargo, since our PA operation rate is very low,” one...

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