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Geopolitical tensions, inventory drawdowns drive PX market upswing

Shandong (JLC), March 24, 2026—A cyclical upswing is sweeping the PX market in 2026, fueled by inventory drawdowns and Middle East-driven crude supply risks. Near-term prices look poised to stay firm.

03-24-2026 17:02:46

China styrene output to rise by around 6.93%-7.62% MoM in Mar

Shandong (JLC), March 10, 2026 – China styrene output might improve to around 1.55-1.56 mln mt in March, up by around 6.93% to 7.62% month on month, mainly because of three more natural days, though t

03-10-2026 14:14:33

China PS prices rise on styrene rebound, but demand concerns linger

Shandong (JLC), November 19, 2025—China’s styrene futures rebounded short-term due to short-covering, port inventory declines, and stronger aromatics markets, but weak benzene fundamentals and cautiou

11-19-2025 09:36:20

China MX prices rebound after decline, off-season outlook remains challenging

Shandong (JLC), October 30, 2025--MX prices staged a brief rebound after a prolonged decline, though supply-demand pressures will continue to constrain any seasonal recovery.

10-30-2025 17:45:03

Guangdong styrene hits 2025 low amid weak demand in Q3

Shandong (JLC), October 14, 2025—In the third quarter of 2025, Guangdong's styrene prices spiraled downward, hitting a yearly low due to weak supply-demand dynamics and declining futures.

10-14-2025 17:00:00

Up/downstream strength fails to break toluene market deadlock

A market stalemate persisted for toluene as support from firm upstream markets was offset by ample domestic supply and cautious trader sentiment, leading to continued sideways consolidation.

09-25-2025 09:50:40

China's MX market stuck in stalemate amid absence of positive catalysts

Shandong (JLC), September 23, 2025—China’s MX market was bogged down into a stalemate, due to supply pressures and weak traditional demand.

09-23-2025 16:18:40

Operating rate of China’s styrene unit plunges, while that of main downstream producers increases

The operating rate of China’s styrene unit plunged due to the shutdown of some main units, while the operating rate of main downstream producers, EPS, ABS and PS, increased in different degree.

09-16-2025 17:17:53

China toluene market price indicates weakness in H1 2025

Shandong (JLC), July 24, 2025—In the first half of 2025, China’s toluene market primarily indicated downtrend in January-April and then experienced a pickup in May-June. The toluene price in East Chin

07-24-2025 16:38:06

May PX imports up on month and on year

Shandong (JLC), June 26, 2025--In May, China imported around 772,625 mt of PX, up by 7.07% compared to April.

06-26-2025 15:15:39

China’s May toluene exports rise on month

Shandong (JLC), June 25, 2025—China’s toluene exports totaled 58,530.02 mt in May, a rise of 45.2% month on month and a decline of 8.5% year on year, according to General Administration of Customs of

06-25-2025 14:50:17

Asian PX prices extend dramatic surge on multiple drivers

Shandong (JLC), May 15, 2025—Fueled by favorable feedstock trends and policy support, Asian PX prices staged a sustained recovery following the earlier steep decline.

05-15-2025 17:40:31

PetroChina Guangxi completes 400,000 mt/yr aromatics extraction unit

Guangzhou (JLC), April 24, 2025--PetroChina Guangxi Petrochemical completed the construction of a 400,000 mt/yr aromatics extraction unit on April 20, China News reported on April 22.

04-24-2025 18:57:52

China benzene imports hit new high in Mar

Shandong (JLC), April 22, 2025—In March 2025, China’s benzene import volume registered a month-on-month and year-on-year growth, hitting a new high.

04-22-2025 16:19:02

Despite lower operating rates, China’s styrene output rises in March

Shandong (JLC), April 15, 2025—China’s styrene units’ operating rates inched down in March, while the output rose due to more natural days.

04-15-2025 17:31:39

Benzene market prices plunge on weak fundamentals

Shandong (JLC), March 13, 2025--Domestic benzene prices experienced a sharp decline in early March, undermined by the unfavorable macroeconomic environment.

03-13-2025 17:18:15

Asian PX prices decline amid falling cost and dwindling demand

Shandong (JLC), March 13--Asian PX prices have been falling amid weakened cost support and thinner demand since March 2025.

03-13-2025 16:02:30

OX market prices go higher on rising feedstock, warmer demand

Shandong (JLC), January 14, 2025--China OX market prices went higher in early January, largely driving up by rising feedstock prices and warmer demand.

01-15-2025 09:19:24

China benzene imports remain high in Nov

Shandong (JLC), December 20, 2024—China’s benzene imports in November maintained at high levels, due to the closure of arbitrage window between the US and South Korea.

12-20-2024 17:57:21

MX market prices inch up after eyeing slip

Shandong (JLC), November 18, 2024--MX market prices slipped as from November 8, due to falling crude oil, but rallied later buoyed by supply side.

11-18-2024 17:56:36

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