Hamburg, (Germany): In the European market, Mixed Xylene prices have been mostly downbeat since the beginning of July xxxx, hit by the ongoing holidays which typically affect demand, apart from the ample material availability. The raw material cost has decreased, which further eased the prices of Mixed Xylene in the regional market. Although strong expenses in terms of high freight rates have remained supportive, a stable-to-lower trend has continued to reign over the regional market.
Prices of Mixed Xylene have declined by USD xx/MT on a weekly basis in the German market on account of slow buying sentiments. The cost support from feedstock Naphtha was limited to Mixed Xylene as its prices were observed on the lower end in the domestic market, leading to an upward shift in the price realization of Mixed Xylene in the domestic market. On the other hand, oil prices...
