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In the first half of September ****, the performance of the global Mixed Xylene market showed contrasting market fundamentals. The US Mixed xylene prices observed solid gains while Germany was subject to weaker pricing conditions prior to a modest comeback.
In the US, the Mixed xylene market improved in the early September timeframe. Strengthened regional demand and fundamentals from the supply side contributed to the improved market. The first week of September saw bullish momentum and increased activity from domestic buyers and increased mixed xylene export activity from buyers in Canada and Mexico placed upward pressure on prices. Mixed xylene feedstock naphtha prices remained stable; nevertheless, lower inventories and continued draws from nearby downstream consumers, such as PET bottles and phthalic anhydride (PA), created tighter market pressure for Mixed Xylene. Refiners operated at consistent throughput levels but maintained disciplined production, avoiding excess volumes and...
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