Octane Blending and Refinery Mix
Xylene prices rose 1% this week as refiners prioritize high-octane components. The BTX-Houston ethanol spread has widened, indicating that aromatics are currently fetching a higher premium in the fuel pool than in the solvent market.
Polyester Chain Overcapacity
Despite the recent uptick, the long-term outlook for xylene is tempered by overcapacity in the downstream polyester sector. Global textile and bottle-chip demand remains stagnant, limiting the need for fresh aromatic feedstock in the second half of the year.