Asian Solvent MX Prices: Tight Supply

Asian Solvent-MX: Prices strengthen on supply tightness / Limited spot offerings from Southeast Asian producers / Asian naphtha marker records $17.875/mt decline WOW

Jun 04, 2026

Asian solvent-grade mixed xylene $25/mt higher week over week at $670/mt FOB Korea on Dec. 19, amid supply tightness. Several sources indicated that a Taiwan-based company’s spot tender for the sale of 3,000 mt of solvent-MX loading in January was concluded in the high $680s/mt FOB Kaohsiung, possibly heading to India.

A South Korea-based trader said the price achieved in Taiwan could not be matched in South Korea, as buyers benefit from lower freight costs when shipping to India from Taiwan. The solvent-MX market remained tight within the region, as buyers struggled to secure sufficient materials, leading to firmer purchasing interest. A Thailand-based trader attributed this to the limited spot offerings from Southeast Asian producers.

The solvent-MX CFR Southeast Asia and CFR China markers were $25/mt higher week over week...

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