My Commodity News
Fuel vs Fiber Bid
Similar to toluene, xylene is being pulled into the fuel pool as an octane booster. This prevents a price collapse despite high inventory levels in the paraxylene chain as refiners value the molecule for its blending utility.
Post-Holiday Activity
The end of the Lunar New Year break has triggered fresh inquiries from paraxylene producers. Traders expect a steady increase in demand from the polyester sector.