Asia isomer-grade xylene lacks strong driving factor in either direction

摘要

SINGAPORE(ICIS)--Asia isomer-grade xylene(IX)prices were usually stagnant since the beginning of this month with participants mostly waiting for any key factor that will change the sentiment,a situation likely to continue in the near term.1.Strong Demand from China import market;2.Less spot supply amid plant turnaround;3.Cost support from rising naphtha prices;Prices rallied in March amid a couple of bullish factors and adjusted downwards to reach a status quo between $717-721/tonne FOB(free on board)Korea since 29 March.Several bullish factors driving the market upwards were either spent or changed their direction.