Fuel vs Chemical Bid
Similar to toluene, xylene is being pulled into the fuel pool to support higher-octane gasoline specifications. This demand is currently more influential than the lackluster demand from the paraxylene/polyester sector.
Asian Reopening
Early bid-offer spreads in Singapore indicate a firming trend as Asian crackers and PX plants prepare for full production. Traders are watching for confirmation of textile demand recovery to determine the next major move.