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Asian Solvent-MX: Prices inch up amid limited market activity  / Solvent-MX rises $15/mt  / Buying interest slows

Asian Solvent-MX: Prices inch up amid limited market activity / Solvent-MX rises $15/mt / Buying interest slows

Jun 03, 2026

Asian solvent-grade mixed xylenes at $738/ metric ton FOB Korea on Jan. 30, up $15/mt week over week amid limited market activity. In the adjacent market, the toluene FOB Korea marker increased $12/mt week over week to $735/mt. In contrast, isomer-MX FOB Korea fell $19/mt to $728/mt during the week. A Southeast Asian trader said solvent‑MX cargoes were not selling well as mixed xylenes were being diverted to downstream paraxylene production. Spot discussions were limited, with no buying interest reported. A tradable indication for CFR Southeast Asia was heard at $775/mt for January shipment before the end of the Market on Close assessment process. Upstream, crude oil and naphtha prices rose compared with the previous close Jan. 30. The March ICE Brent futures contract increased 34 cents/b as of the...

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