Xylene Prices Drift Lower as Downstream Polyester Chain Fundamentals Settle

Polyester Overcapacity and Inventory

Global textile and bottle-chip demand remains stagnant, leading to a massive inventory overhang in the polyester sector. Until this downstream glut is cleared, xylene producers will find it difficult to push for higher prices.

Refinery Extraction vs Blending

Despite the bearish polyester outlook, mixed xylene spot prices are finding localized support as refiners prioritize high-octane blending components over aromatic extraction, temporarily tightening local spot availability.