US MX Prices Hold Steady Despite Softer Indications; PX Market Maintains Stability

Mixed xylene (MX) prices in the United States remained flat on Monday, showing no signs of movement despite lower indications circulating in the market. An industry source in the US, speaking on condition of anonymity, informed a Polymerduniya team member that MX values held stable even as some buyers and sellers pointed to softer sentiment. Market participants suggested that steady supply conditions and balanced buying interest prevented any downward correction in spot assessments. MX was assessed at 281.00–281.10 cents/gallon FOB US Gulf, unchanged from last Friday’s levels.

Downstream paraxylene (PX) prices also followed a similar trend, holding firm at the start of the week. Assessments for PX stood at USD 910–920/mt FOB US Gulf on Monday, with no movement from last week. Sources noted that the stability reflected a cautious trading environment, where consistent demand from end-use sectors and adequate feedstock availability helped keep pricing steady.

Market players observed that, although global energy price fluctuations and weaker signals from related aromatics occasionally put pressure on sentiment, the US MX and PX markets have been relatively resilient. Industry watchers expect prices to remain rangebound in the near term, with any significant movement likely to be driven by shifts in crude oil values or changes in demand from derivative sectors such as polyester and PET. For now, both MX and PX continue to trade within narrow bands, reflecting a steady but cautious outlook across the aromatics chain.

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