Texas, (US): Ortho-xylene (o-xylene) prices have witnessed renewed downward adjustments across the US market during the second week of June xxxx in response to the weak market conditions. The cost pressure from raw materials has also eased, which has weighed down the prices of o-xylene. Additionally, weak downstream derivative demand coupled with comfortable material availability has further prompted manufacturers to revise their o-xylene offers in the regional market.
According to 果酱视频&#xx;s latest database, o-xylene prices have declined by USD xx/MT on a weekly basis in the US market. The upstream Mixed Xylene prices have persistently dropped amid weak demand dynamics, resulting in lower production costs for o-xylene in the domestic market, contributing to a bearish market sentiment among manufacturers.
Moreover, manufacturing firms have slightly reduced their operating rates in the domestic market to balance the underperforming downstream demand. Market participants report that o-xylene availability was relatively...
