Asia solvent xylene firm up on snug supply

Source: ICIS News

2018/10/12

SINGAPORE (ICIS)--Asia’s solvent-xylene (SX) discussions have firmed on the back of snug supply due to turnarounds at regional plants.

FOB (free on board) Korea discussions were at $825-830/tonne for October loading, higher than last week’s assessment at $795-820/tonne.

Demand is healthy due to seasonal consumption in the third quarter from the paints and pharmaceuticals sectors in southeast Asia.

End-users from these sectors have been restocking inventory through to September.

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