January 12th — On Friday (January 9th), the Asian xylene market closed up by $4/ton: the closing price for late-January FOB Korea was $717–719/ton, while the CFR China price for late-January closed at $723/ton. Chempricehub's analysis of mixed xylene, with a bullish-bearish score of 1, reported that the closing price of the Asian xylene market rose by $4/ton. The late-January FOB Korea price reached $717–719/ton, and the CFR China price reached $723/ton, indicating strong regional demand or tightening supply, which significantly supports spot prices. This upward trend may be driven by improved fundamentals in the Asian market, such as increased downstream chemical demand or reduced inventory, pushing spot prices higher in the short term.
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