Packaging and Coating Drivers
The demand for PET is rising due to its lightweight and moisture-protection characteristics, which are ideal for medical applications. Additionally, a recovery in the paints and coatings industry is supporting Xylene consumption, helping to offset the weakness in the polyester fiber market.
Supply Outlook and Reformate Value
Mixed Xylene remains highly dependent on the value of refinery reformate. With crude oil prices showing signs of a geopolitical rebound, reformate costs are rising, providing a floor for MX prices despite the seasonal slowdown in broader chemical processing industries.