Asian Solvent-MX Prices Rise on Crude

Asian Solvent- MX: Prices rise amid stronger crude / Thin discussions amid Lunar New Year / Demand heard stable to strong

Jun 03, 2026

Asian solvent-grade mixed xylene $10/mt higher week over week at $740/mt FOB Korea on Feb. 20, amid limited discussions. Crude oil futures were higher in Asian afternoon trading Feb. 20 as US-Iran tensions persisted and US inventories fell. The Asian market appeared mostly thin and quiet, with few traders discussing prices amid Lunar New Year holidays in China and several other countries in the region. Market sources indicated that a South Korea-based company’s spot tender for the sale of 3,000 mt of solvent-MX loading in the first half of March would end on Feb. 23. Isomer-MX prices rose $7/mt day over day and $21.50/mt week over week to $748.50/mt FOB Korea Feb. 20, while solvent-MX was stable over the same period. Solvent-MX demand in the region remains stable, a Southeast...

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