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Asian PX unit operating rate fall sharply on supply disruptions

Shandong (JLC), April 23, 2026--Crude supply disruptions drove Asian PX operating rates sharply lower, particularly in Japan and South Korea.

04-23-2026 16:30:54

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 OX prices sharply fluctuate following changes in oil price

China OX (ortho-xylene) prices fluctuated sharply in early March, 2026. The significant rises were caused by both higher production cost and tighter supply, while the declines were triggered by news-s

03-19-2026 15:04:09

Asian PX prices forecast to rise before retreating in 2026

Shandong (JLC), January 29, 2026--For 2026, PX prices are projected to retreat after rising, with CFR China prices forecast to fluctuate within the range of $800-1,000/mt.

01-29-2026 17:26:15

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

Styrene operating rate declines, while downstream sectors see increase

Post-holiday turnarounds at some plants pushed styrene operating rates lower, while EPS, ABS and PS plants all ramped up to varying degrees.

10-22-2025 13:41:16

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

China PX losses set to ease after prolonged slump in 2025

Shandong (JLC), September 25, 2025—China's PX industry was mostly unprofitable throughout 2025, with losses seen during most of the year. The only exception occurred in May and June.

09-25-2025 17:19:27

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 Aug toluene exports keep rising on year

Shandong (JLC), September 24, 2025—China’s toluene exports totaled 79,587.07 mt in August 2025, a rise of 79.19% year on year and an increase of 20.23% month on month.

09-24-2025 17:40:07

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

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

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

Toluene price in South China falls after rising in Q1 and to go downwards in Q2

Shandong (JLC), April 10, 2025—In the first quarter of 2025, toluene market price in South China fell after rising. While in the second quarter of 2025, amid the rise in toluene supply, tepid downstre

04-10-2025 15:05:17

Plunge in MX price has impacts on its industrial chain

Shandong (JLC), March 19, 2025—The recent decline in China’s MX market prices has resulted in variations in relations between it and its upstream & downstream markets. For instance, the narrowing spre

03-19-2025 17:12:27

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

Styrene unit operating rate keeps high in Feb amid fewer overhauls

Shandong (JLC), March 11, 2025—Domestic styrene industry operating rates remained high amid falling maintenance, while styrene output edged down in view of fewer natural days in February.

03-11-2025 16:34:33

China MX supply keeps rising in 2024

Shandong (JLC), March 4, 2025--China MX supply extended an uptrend in the previous year, as MX capacity, output together with imports moved upward.

03-04-2025 09:05:01

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