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Asian isomer-grade mixedxylene rose $6/mt
to $967/mt FOB Korea. It was $992/mt CFRUnv1 at $992/mt. However, it remained
steady at $947-962/mt. CFR China on February 13, following higher upstream.
Downstream markets. April ICE Brent crude oil futures
rose 52c/barrel to $85.67/b in Asian trade at 0830 GMT. Paraxylene gained
$8.84/mt to $1,038.67/mt CFR unv1/China. A trader
stated that prices in China's domestic markets remained low and that import
demand was low. The February ex-tank price was around Yuan
7,270-7.300/mt or approximately $916/mt if you use import-parity. March was
Yuan 7,310-7.320/mt or $921.10/mt. According to a trader, selling
interest in FOB Korea MX was difficult because "players expect high-octane
fever again", so they are avoiding selling spot cargoes. According to
industry...