Xylene Prices Drift Lower as Downstream Polyester Chain Fundamentals Settle

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Polyester Overcapacity and Demand

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.

Octane Blending Recovery

Despite the bearish polyester outlook, mixed xylene spot prices are finding localized support as refiners prioritize high-octane blending components over aromatic extraction during the early winter season.