Texas, (US): Heading into the third week of June xxxx, Mixed Xylene prices continued their downward trend across the US market, despite summer driving season being underway. However, feedstock prices showed positive movement during the week. Yet, it was insufficient to drive Mixed Xylene prices to higher levels in the regional market. Additionally, demand from the chemical and blending sectors for Mixed Xylene remained limited, despite expectations of increased gasoline blending demand during the peak season. Material availability also met downstream demand adequately, further contributing to the pressure on Mixed Xylene prices.
Mixed Xylene prices in the US market saw a decrease of USD xx/MT as market participants adopted a wait-and-see approach due to limited buying interest. Conversely, upstream aromatic Naphtha prices rebounded from the previous week&#xx;s decline, affecting the production cost of Mixed Xylene domestically. Meanwhile, US crude oil futures rose despite an unexpected increase in...
