Mixed Xylene Price showed mixed sentiment during the penultimate quarter of 2022. Mixed Xylene prices dropped in July and August and rebounded in September. Mixed Xylene prices mirrored the crude oil fortunes. After declining consistently till August from their record pricing in Q2, crude oil prices stabilized in September as OPEC announced volume cuts. Sluggish cost pressure resulted in weak production costs. Meanwhile, demand from the downstream Paraxylene and Phthalic Anhydride has remained stable as the Polyethylene Terephthalate demand remained firm in the market. As of September, Mixed Xylene prices were assessed at USD 1235 per MT FOB USGC.

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