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Asian Solvent-MX: Prices weaker despite strong price signals from CPC’s tender  / Taiwan’s CPC sell tender concludes at $680/mt  / Formosa restarts No. 2 naphtha-fed steam cracker, to shut No.1 cracker

Asian Solvent-MX: Prices weaker despite strong price signals from CPC’s tender / Taiwan’s CPC sell tender concludes at $680/mt / Formosa restarts No. 2 naphtha-fed steam cracker, to shut No.1 cracker

Jun 09, 2026

Asian solvent-grade mixed xylenes $6/mt lower week over week at $659/metric ton FOB Korea on Sept. 12, despite strong price signals from CPC’s tender. Taiwan’s CPC sell tender, which closed Sept. 9, was heard concluded at above $680/mt for 3,000 mt of solvent-MX for Oct. 16-Nov. 7 FOB Kaohsiung. Several market sources suggested that the cargo would flow southward to a Southeast Asian buyer. However, a range of decreasing offers was presented during the Market on Close assessment, with October cargoes being offered from $675/mt down to $660/mt. A distributor in Southeast Asia suggested that high refinery margins curtailed aromatics supply among Thailand producers, resulting in a tight supply situation in the region. Several market sources suggested that prices for solvent-MX cargoes were relatively stable week over week, amid limited...

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