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29-09 2021
PX plants both in China and abroad would undergo maintenance in the fourth quarter

Therefore, though China PX inventory would pile up in Aug, but may decrease slightly in Sep and could increase only slightly in the fourth quarter, which could be supportive to PX-naphtha spread.In a conclusion, the profits in polyester and its feedstock chain have been reallocating since July. Poly

10-09 2019
Toluene and MX supported by low stock and PX plants

China’s toluene and mixed xylenes markets found a floor in the beginning of 2019, and then had been maintaining range bound. However, the markets have been gradually moving up since Jun, and Sinopec has been revising up list prices to 5,650yuan/mt for toluene and 5,950yuan/mt for MX in East China as

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