Asian Paraxylene Prices Rise on Crude

Asian Paraxylene: Prices rise amid support from upstream markets / Crude oil rises 59 cents/b, naphtha $2.50/mt higher / Physical PXN at $314.75/mt

Jun 03, 2026

Asian paraxylene prices were assessed higher on the session, with upstream markets continuing to provide pricing cues as Chinese market participants were out for the Lunar New Year holidays. the Asian paraxylene CFR Taiwan/China and FOB Korea markers at $926/mt and $905/mt, respectively, on Feb. 20, both rising $2.33/mt on the session. Upstream, the front-month ICE Brent futures contract rose 59 cents/b to $71.63/b on the trading session, while the naphtha C+F Japan marker $2.50/mt higher on the session at $611.75/mt. During the Platts MOC process, two trades were reported for CFR Taiwan/China. Hengli first sold a May-arrival CFR Taiwan/ China cargo to BP at $927/mt, before Glencore sold an Aprilarrival CFR Taiwan/China cargo to GS Caltex at $925/mt. the May laycans at $928/mt, above Mercuria’s bid at $927/mt, widening...

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