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Asian Orthoxylene: Downstream weakness weighs on China market  / Sinopec lowers OX listed price by Yuan 100/mt  / India sees low demand amid holidays

Asian Orthoxylene: Downstream weakness weighs on China market / Sinopec lowers OX listed price by Yuan 100/mt / India sees low demand amid holidays

Jun 07, 2026

Asian orthoxylene prices fell in China in the week ending Oct. 10. The CFR China marker dropped by $10/mt week over week to $785/mt, while FOB Korea was assessed at $815/mt, $20/mt higher week over week, partially reflecting a confirmed trade, considering a lower-priced Korea-origin offer and supply from other regions. On Oct. 10, a 3kt cargo of OX for November loading was traded at $830/mt, with the destination heard to be Europe. However, some Asian market participants considered the level unaffordable due to weakness in both China and India. China’s main OX producer Sinopec reduced the listed price of OX by Yuan 100/mt to Yuan 6,300/mt from Yuan 6,400/mt on Oct. 10, according to company sources and other downstream buyers in China. A phthalic anhydride producer in China attributed...

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