India Solvent MX Prices Rise on Shortage

India Solvent MX: CFR India rises on persistent supply tightness / June ICE Brent futures contract at $107.99/b / Domestic solvent MX offers at Rupees 107-110/kg / FOB Korea at $1,136/mt

Jun 02, 2026

The Indian solvent-grade mixed xylene market rose on April 2 amid tight supply and rising crude prices. the CFR India solvent-MX cash differential at FOB Korea plus $135/metric ton, up $10/mt week over week of April 2 under the lowest selling idea at FOBK plus $130/mt letter of credit 30 days, normalized to FOBK plus $141/mt L/C 90 days and above a buying idea at FOB Korea plus $100/mt L/C 30 days normalized to FOB Korea plus $111/mt L/C 90 days. solvent-MX CFR India up $32/mt and FOB Korea up $22/mt week over week at $1,271/mt and $1,136/mt, respectively, amid a stronger South Korean market. Spot solvent-MX discussions in India continued to remain thin April 2 amid thin spot trading activity due to a wide buy-sell gap as market participants...

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