Paraxylene Chain Support
Polyester manufacturers in China and India are expecting a significant reduction in feedstock costs. The reopening of trade routes will allow for more efficient distribution, ending the localized scarcity that drove prices to record highs.
Lagging Physical Arrival
While the supply outlook is improving, the actual physical return of xylene cargoes is still 15-20 days away. This time lag is preventing xylene from falling as fast as crude oil benchmarks.