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Chemical Market Blog Details

Asian solvent-grade mixed xylene rise to multiyear highs amid tight supply / Regional crackers shut, supplies tighten / Distributors seek isomer-MX substitutes

Asian solvent-grade mixed xylene rise to multiyear highs amid tight supply / Regional crackers shut, supplies tighten / Distributors seek isomer-MX substitutes

Oct 31, 2026

solvent-grade mixed xylene $25/mt higher week over week at $1,190/mt FOB Korea Oct. 30, unchanged from intraday levels and the highest since July 1, 2022, when it was at $1,210/mt. During the Market on Close assessment, no bids and offers were floated in the FOB Korea market. No trades were heard concluded at the end of the MOC. Market participants continued to see tight solvent-mx supplies regionally. The tight supply of solvent-MX is pushing distributors to focus on sourcing isomer-MX as a substitute, a Southeast Asian trader told . Another Southeast Asian trader heard that discussions have already started on term contracts for 2027, but suppliers’ ideas have been too high. solvent-MX CFR Southeast Asia at $1,315/mt, $20/mt higher week over week on Oct. 30, in line with tradable indications...

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